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  • Question 1
    1 / -0

    Which of the following is not characteristic of LLP?

  • Question 2
    1 / -0

    Sole proprietorship form is not suitable _______________.

  • Question 3
    1 / -0

    The right choice of the form of the business depends upon ______________.
    I - Nature of business
    II - Volume of business
    III - Area of operation
    Select the correct answer from the options given below:

  • Question 4
    1 / -0

    Following is not a characteristic of sole proprietorship business _______________.

  • Question 5
    1 / -0

    The partners have a ___________ relationship.

  • Question 6
    1 / -0

    The business in which only a single owner arranges the capital is ____________.

  • Question 7
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    Even a single partner may be called upon to pay the debts of a partnership firm.

  • Question 8
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    The sole proprietorship form of business discourages self employment.

  • Question 9
    1 / -0

    The risk of the sole proprietorship business is shared with the employees of the business _______________.

  • Question 10
    1 / -0

    Every business enterprise is an independent undertaking.

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