Forms of Business Organisation

A type of business organisation where a person individual responsible for capital, bearing risk & management is called ____________

Forms of Business which is suitable for small business is ___________ .

- Sole proprietors have __________ liability

Sole proprietorship is a form of business organisation which is outlined, managed and controlled by an__________ .

A person running a retail shop, beauty parlous, saloons in a locality is known as __________ form of business

The head of the family, in Hindu Undivided family is called ---------------.

The liability of all member, except the karta in Hindu Undivided family is....................... .

After the death of Karta, as the next ..................member takes up the position of Karta

The most important document used in partnership business is.................... .

Registration of a partnership business is ....................