| Statement |
True |
False |
| a)Personal savings are a major source of finance for sole proprietorship. |
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| b)Sole proprietorships can raise finance through sale of business shares at the Nairobi Stock Exchange. |
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| c)Sole proprietorships can be started using money borrowed from friends and relatives. |
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| d)Trade credits acts as a source of finance for sole proprietorships. |
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| e)Fraud and corruption is a good way of raising capital for sole proprietorships. |
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| f)Inheritance of assets are a good source of capital. |
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| g)Gambling is a good source of capital. |
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| h)Youth fund programme is a good source of capital. |
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