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Chapters
2: Objectives of Business
3: Classification of Business Activities
▶ 4: Sole Proprietorship
5: Hindu Undivided Family and Partnership
6: Joint Stock Company
7: Cooperative Organisation
8: Multi National Corporations (MNCs)
9: Government Organisation
10: Reserve Bank of India
11: Types of Banks
12: Functions of Commercial banks
13: Warehousing
14: Transportation
15: Insurance
16: Emerging Service Business in India
17: Social responsibility of business
18: Business Ethics and Corporate Governance
19: Sources of Business Finance
20: International Finance
21: Micro, Small and Medium Enterprises (MSMEs) and Self Help Groups (SHGs)
22: Types of Trade
23: Channels of Distribution
24: Retailing
25: International Business
26: Export and Import Procedures
27: Facilitators of International Business
28: Balance of Trade and Balance of Payments
29: Elements of Contract
30: Performance of Contract
31: Discharge and Breach of a Contract
32: Direct Taxes
33: Indirect Taxation
![Samacheer Kalvi solutions for Commerce [English] Class 11 TN Board chapter 4 - Sole Proprietorship - Shaalaa.com](/images/commerce-english-class-11-tn-board_6:5f2b1b2038084cf381bfa42c826a928c.jpg "Samacheer Kalvi solutions for Commerce [English] Class 11 TN Board chapter 4 - Sole Proprietorship")
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Solutions for Chapter 4: Sole Proprietorship
Below listed, you can find solutions for Chapter 4 of Tamil Nadu Board of Secondary Education Samacheer Kalvi for Commerce [English] Class 11 TN Board.
Samacheer Kalvi solutions for Commerce [English] Class 11 TN Board 4 Sole Proprietorship Exercises [Pages 27 - 28]
Choose the Correct Answer.
Which is the oldest form of Business organisation?
Sole Proprietorship
Partnership
Co-operative Society
Company
Choose the Correct Answer.
In which form the owner, establisher and manager are only one?
Joint Enterprise
Government Company
Co-operative Society
Sole Proprietor
Choose the Correct Answer.
A major disadvantage of a sole proprietorship is ______
Limited liability
Unlimited liability
Easy Formation
Quick decision
Choose the Correct Answer.
From the following which one is a Noncorporate form of business?
Joint-stock company
Sole trading business
Government company
Co-operatives
Very Short Answer Questions
Who is called a Sole Trader?
What are Non-corporate enterprises?
What are Corporate enterprises?
For which of the following types of business do you think a sole proprietorship form of organisation would be more suitable, and why?
- Grocery store
- Medical store
- Craft centre
- Legal consultancy
- Internet cafe
Short Answer Questions
How is it possible to maintain secrecy in sole proprietorship?
What is unlimited liability?
Write any three characteristics of Sole Proprietorship.
Give some examples of the Sole trading business.
Define Sole trading business.
Long Answer Questions
Explain the characteristics of a sole trading business.
What are the advantages of the Sole trading business?
What are the disadvantages of the Sole trading business?
Solutions for 4: Sole Proprietorship
Samacheer Kalvi solutions for Commerce [English] Class 11 TN Board chapter 4 - Sole Proprietorship
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Concepts covered in Commerce [English] Class 11 TN Board chapter 4 Sole Proprietorship are Introduction of Sole Proprietorship, Definition of Sole Trader, Characteristics of a Sole Trader, Advantages and Disadvantages of a Sole Trader.
Using Samacheer Kalvi Commerce [English] Class 11 TN Board solutions Sole Proprietorship exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in Samacheer Kalvi Solutions are essential questions that can be asked in the final exam. Maximum Tamil Nadu Board of Secondary Education Commerce [English] Class 11 TN Board students prefer Samacheer Kalvi Textbook Solutions to score more in exams.
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