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प्रश्न
What do you understand by a sole proprietorship firm?
थोडक्यात उत्तर
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उत्तर
In a sole proprietorship form of business, the business is owned, managed and controlled by a single individual who is known as the sole proprietor. As the sole owner of the business, the proprietor becomes the single recipient of all the profits earned by the business and, in the same way, has to bear all losses.
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Concept of Sole Proprietorship Or Sole Trader
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
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संबंधित प्रश्न
Features of sole trading concern.
‘One man show’ type of business organization.
Distinguish between Proprietorship and Joint Hindu Family Firm.
‘One man show’ type of business organization.
A sole trading concern ensures ______________ business secrecy.
Sole Trading Concern and Partnership Firm
Functions of Lower Level Management.
Select the proper option from the options given below and rewrite the completed sentence.
A sole proprietorship has ________ owner/owners.
Select the proper option from the options given below and rewrite the completed sentence.
A proprietor has ________ liability.
Select the proper option from the options given below and rewrite the completed sentence.
A sole trading concern ensures ________ business secrecy.
Write a word or a phrase or a term which can substitute the following.
An artificial person created by law.
Write short notes on the following.
Features of a proprietorship
State Whether the Following Statement Are True Or False (Give Reason)
Business secrecy cannot be maintained in a Sole Trading Concern.
State Whether the Following Statement Are True Or False (Give Reason)
Sole Trading Concern is convenient and suitable when the market of goods is local.
The structure in which there is a separation of ownership and management is called
The Karta in Joint Hindu family business has
The board of directors of a joint-stock company is elected by ______.
