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partnership

Total questions: 10

Worksheet time: 8mins

Name
Class
Date
1.

which company have partnership with SPOTIFY

a)

UBER

b)

BATA

c)

PINTEREST

d)

INSTAGRAM

2.

A__________ provides for the greatest degree of continuity:

a)

corporation

b)

sole proprietorship

c)

joint venture.

d)

general partnership.

3.

A_____________partner is an owner who has unlimited liability and is active in managing the firm:

a)

senior partner.

b)

general partner.

c)

silent partner.

d)

limited partner.

4.

A ___________ is a business with two or more owners

a)

corporation

b)

conglomerate

c)

partnership

d)

public corporation.

5.

The form of business organization that has the largest sales volume is the:

a)

multinational.

b)

cooperative

c)

corporation.

d)

partnership.

6.

In case of ___________ Registration is compulsory

a)

Company

b)

Partnership

7.

Procedure of registration of partnership firm?

a)

Deposit/pay the necessary fees and stamp duties

b)

Deposit the sign copy of partnership deed

c)

Once the registrar approves the application, the firm will be entered into the records.

d)

Application to the Registrar of Firms in the prescribed form

8.

Hindu Succession Act was passed in _____________

a)

1975

b)

1965

c)

1956

9.

The Head of the joint Hindu family business is called

a)

manager

b)

Karta

c)

director

d)

proprietor

10.

The board of directors of a joint stock company is elected by

a)

Government bodies

b)

Share holders

c)

General public

d)

Employes