
bom(2025-26)
Quiz
•
Business
•
University
•
Practice Problem
•
Hard
jaya kagada
Used 2+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
1. The simplest and oldest form of business organisation is:
a) Partnership
b) Sole Proprietorship
c) Company
d) Cooperative Society
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2. In a sole proprietorship, the liability of the owner is:
a) Limited
b) Unlimited
c) Zero
d) Shared
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3. Which of the following is formed by at least two persons?
a) Sole proprietorship
b) Partnership
c) Company
d) Cooperative Society
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4. The maximum number of partners in a partnership firm (as per Indian Companies Act, 2013) is:
a) 20
b) 50
c) 100
d) 200
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5. Which form of business organisation enjoys perpetual succession?
a) Sole Proprietorship
b) Partnership
c) Company
d) Joint Hindu Family Business
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6.Who is the head of a Joint Hindu Family business?
a) Partner
b) Proprietor
c) Karta
d) Director
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7. In a partnership, the agreement between partners is known as:
a) Partnership Contract
b) Partnership Deed
c) Partnership Bond
d) Partnership Agreement
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