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Forms of business Organisation

Total questions: 8

Worksheet time: 9mins

Name
Class
Date
1.

Which of the following are the forms of non-corporate organisations

a)

Joint Hindu Family

b)

Co-operative Society

c)

Limited Liability Partnership

2.

A type of business organisation where a person individual responsible for capital, bearing risk & management is called (a)  

3.

There is a separate law that governs sole proprietorship.

a)

true

b)

false

4.

The Act which governs the formation of a partnership business is Indian Partnership Act.

a)

(a). 1932

b)

(b). 1956

c)

(c). 1949

d)

(d). 1912

5.

Which form of organisation is suitable if direct control over operations & absolute decision making power is required in business?

a)

a) Joint Stock Co.

b)

b) cooperative society

c)

c) Sole proprietorship

d)

d) HUF

6.

Name the three features of partnership.

(a)  

7.

Name this feature of partnership.

(a)  

8.

Your favourite management writers are

a)

Henri Fayol

b)

Abraham Maslow

c)

Peter F Drucker

d)

Douglas McGregor

e)

Rudolf Virchow