Forms of Business Organisation

If a public limited company is NOT preparing the Articles of Association, it can adopt

• Table A

• Table E

• Table F

• Table B

Which partner allows the use of his goodwill to benefit the firm and can be represented as a partner?

• Nominal partner

• Secret partner

• Active partner

• Sleeping partner

Gourmet and Gurpreet are doing separate business of installing centralised Air Conditioning units in Chennai. They enter into a partnership contract to install centralised AC unit in a hotel in Chandigarh. Which type of partnership is being highlighted here?

(a)  

Identify the type of cooperative society highlighted in the given statement. "It is formed by those who want to procure residential accomodation at lower costs "

• Marketing cooperative society

• Credit cooperative society

• Cooperative housing society

• Consumers cooperative society

She not is a shareholder in a company holding 10,000 shares of Rs.10 each on which he has already paid Rs.8 per share. What will be his liability in the event of losses or company's failure to pay debts?

• Rs. 22,000

• Rs.21,000

• Rs.20,000

• Rs.20,200

Working for oneself provides personal satisfaction is an advantage of ----------- form of business organisation.

(a)  

----------- is the form of business organisation which is found only in India.

(a)  

-------- is the feature of a company which states that the existence of a company is not affected by the coming and going of the members.

(a)  

The minimum number of members to form a private limited company is --------.

(a)  

This certificate is called the birth certificate of the company

(a)