
FORMS OF BUSINESS ORGANISATION
Authored by Asmina Yassar
Business
11th Grade
Used 3+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the liability of a minor member in Joint Hindu Family Business?
Unlimited
Limited
No liability
Partially limited
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A partner who do not take part in the routine activities of business.
Dormant
Secret
Partner by estoppel
Nominal partner
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Beauty parlours comes under which form of business organization?
Partnership
Sole Proprietorship
Company
None of the above
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A partnership formed for an indefinite period and to run any business is called __________ .
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Provision of residential accommodation to the members at reasonable rates is the objective of ___________ cooperative.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is not the benefit of cooperative societies?
Stability
Political interference
Democratic management
Tax advantage
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Profits do not have to be shared. This statement refers to :
Partnership
JHF
Sole Proprietorship
Company
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