Font size
Worksheetsforms of business organisation
Total questions: 20
Worksheet time: 10mins
Name the cooperative society that provides loan to its members at easy terms and reasonable interest
Marketing Cooperative societies
Consumers Cooperative Societies
Credit Cooperative societies
Credit Cooperative societies
Mention the maximum number of partners in partnership and under which Act it is mention.
100, Indian Partnership Act 1945
50, Indian Partnership Act, 1932
50, Companies Act 2013
100, Companies Act 2015
Name the partner who does not contribute capital for business but held liable to outsiders.
Partner by estoppel
Secret Partner
Active Partner
Dormant Partner
Name the partnership in which liability of one partner is limited and the liability of remaining partners unlimited.
Partnership at will
General Partnership
Limited Liability Partnership
Particular Partnership
Name the partnership in which partners can close partnership by giving notice.
Partnership at will
General Partnership
Limited Liability Partnership
Particular Partnership
Name the feature of partnership.
(a)
Identify the type of form of business organisation
(a)
The members of Hindu undivided family business are called .
Karta
coparcener
parcener
Partner
Registration of partnership firm is ...... in Maharashtra.
voluntary
compulsory
easy
lengthy
The head of Joint Hindu Family Business is called as
KARTA
owner
manager
major partner
Indian Co-operative Society's Act was passed in ....
1912
1913
1911
1915
An organisation which is service oriented.
(a)
In partnership firm, the liability of every partner is limited, joint & several.
True
False
At least 10 members are required to form____________
Patnership
Cooperative Society
Joint stiock company
All of the above
____ is characteristic of cooperative society
One person one vote
One vote per share
profit is subject to income tax
All of the above
The eldest person of the HUF is known as Coparcener.
True
False
THe existence of __________ partner is not known to public.
Active
Dormant
Secret
None of these
Hindu Succession Act was passed in _______
2016
1956
2010
2001
The liability of members of a cooperative society is (a) to the extent of their capital contribution.
Marketing cooperative society is established to help small producers in selling their products.
True
False
