EQL401 (1)

Sole proprietorship firm can be started by?

• Single owner

• A group

• Government

• All of the above

Multiple owners start what?

• Sole proprietorship firm

• Partnership firm

• Multi proprietorship firm

• All of the above

A person or a group of person may have an idea of starting a huge business. These people are called _______

• Businessmen

• Promoters

• Owners

• None of the above

Companies are a different kind of business than a proprietorship firm. True or False?

• True

• False

As a proof of ownership, investors are issued a certificate of ownership which is called as “Shares”. True or False?

• True

• False