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WorksheetsForms of Business organization 1
Total questions: 10
Worksheet time: 3mins
Name
Class
Date
1.
Liability of Karta is Limited
a)
True
b)
False
2.
The maximum limitation of members in Private company is 200
a)
True
b)
False
3.
In the Joint Stock Company the management is handled by Shareholders.
a)
True
b)
False
4.
A partner who takes active part in the daily work of the management is called as Nominal partner.
a)
True
b)
False
5.
A secret partner is who is unknown to the outsider of the Company.
a)
True
b)
False
6.
The main Motto of Co-operative society is provide services to its members
a)
True
b)
False
7.
Sole trading concern is useful for small business.
a)
True
b)
False
8.
An elected managing committee handles the management in Co-operative Society
a)
True
b)
False
9.
There are no maximum limitations of members in Public Company
a)
True
b)
False
10.
Minimum 2 directors are required in Public Company.
a)
True
b)
False
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