COMMERCE

Which is the oldest form of Business Organisation?

• sole proprietorship

• partnership

• co-operative society

• company

In which form the owner,estatablisher and manager is only one?

• joint enterprises

• govt company

• co-operative society

• sole propritor

A Partenership is formed by

• ageement

• relationship among persons

• direction of govt

• friendhip

The basic principle of inurance is

• insurable interest

• co operation

• subrogation

• proximate causa

Income tax is

• a business tax

• a direct tax

• an indirect tax

• none of these