Sole- Proprietorship
Assessment
•
Archana Chandran
•
Business
•
9th - 11th Grade
•
234 plays
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Medium
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10 questions
Show answers
1.
Multiple Select
What is a Sole Proprietorship?
Business owned by president
Business owned by several companies
Business owned by one person
Business owned by a company
2.
Multiple Select
A Sole proprietor concern is free from regulation by
Indian Contract Act
Government
Private Indian
Indian Law
3.
Multiple Select
The reason for the end of the sole proprietorship can be
Insolvency
Insanity
Death
All the above
4.
Multiple Select
Sole proprietorship business owner has
Restricted Liability
No Liability
Unlimited Liability
Limited Liability
5.
Multiple Choice
A HUF is a business owned by
Any family
Any Indian family
A joint Hindu family
A Hindu individual
6.
Multiple Choice
Inheritance of property is among
only nuclear family members
all members of the hindu community
all male members of a joint hindu family
all members of a hindu family
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