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Question Practice

In a sole proprietorship, the profits are:

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
Forms of Business Organisation
Question Bank

In a sole proprietorship, the ...

Single Answer MCQ
Q-00064384

In a sole proprietorship, the profits are:

1

Shared with partners

2

Distributed among shareholders

3

Kept solely by the owner

4

Reinvested without consent

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Q1.

What is a defining characteristic of a sole proprietorship?

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Q2.

Which of the following is a disadvantage of a sole proprietorship?

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Q3.

Which feature of a sole proprietorship makes it easier to form compared to other business types?

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Q4.

What is one reason why sole proprietorships may have difficulty in securing loans?

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