Advertisements
Advertisements
Question
State True or False:
Sole trader is the decision-maker of the business.
Options
True
False
Advertisements
Solution
True
APPEARS IN
RELATED QUESTIONS
State True or False:
Sole trading concern operates in local markets.
Complete the sentence.
There is only one owner in _____________
Select the correct option:
| A | B |
| Minimum 2 and maximum 50 | ______________ |
Answer in one sentence.
What is sole Trading concern?
Explain the following term/concept:
Sole Trading Concern.
Distinguish between Sole Trading Concern and Partnership Firm.
Answer in brief.
State any four features of Sole Trading Concern.
Justify the following statement.
Liability of a ‘Sole trader’ is Unlimited.
Justify the following statement.
Sole proprietorship is useful for small business.
Attempt the following:
Explain the features of Sole Trading Concern.
Who owns, manages, and controls a sole trading concern?
Which feature allows a sole trader to make business changes quickly?
Which statement describes a market limitation of a sole trading concern?
Which reason makes a sole trading concern unsuitable for large-scale operations?
