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Question Practice

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

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

What is one reason why sole pr...

Single Answer MCQ
Q-00064386

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

1

High operational costs

2

Limited capital resources

3

Poor market reputation

4

Weak business plan

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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.

In a sole proprietorship, the profits are:

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Q4.

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

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