
BUSINESS STUDIES
Authored by Sanya Nigam
Fun
11th Grade
Used 4+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following form of business interprises suffer from lack of public confidence because they are not require to publish its accounts legally?
partnership
cooperative society
company
none of the above
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
To start a partnership business, what should be the minimum number of partners
2
10
4
20
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What type of agreement is used to form a partnership business?
Written agreement
Oral agreement
Written or oral agreement
None of them
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In partnership, partners liabilities are
limited
unlimited
Limited to the capital of the business
Both A and C
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It is a form of business which is owned and controlled by an individual who is the recipient of all profits and bearer of all risks. Identify the concept ?
partnership
join stock company
cooperative society
sole proprietorship
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A prospectus is issued by
private company
public company
Statutory corporation
departmental undertaking
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
A partner whose association with the firm is unknown to the general public is called
active partner
nominal partner
secret partner
sleeping partner
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