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Standard XII
Business Environment, Ethics and Management
Question

The sole proprietorship form of business discourages self employment.
  1. True
  2. False
  3. Partly true
  4. Partly false

A
True
B
False
C
Partly true
D
Partly false
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Solution
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The statement is False as a sole proprietorship form of business does not discourage self-employment even these types of businesses are very popular among sole owners of businesses, individual self-contractors, and consultants. Many sole proprietors do business under the registration of their own names as it is not necessary for these types of business.
Thus the correct answer is B.

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