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WorksheetsBusiness organisation and Management - Unit 2
Total questions: 12
Worksheet time: 8mins
In a sole Trading concern libiality is
(a)
Forms of business organisations
A.Hindu undivided family
B.Partnership firm
C. sole proprietor
D. None of the above
E.A,B,C
In HUF members of the family are called as
A. Share holders
B. Partners
C. Coparceners
D.Owners
Registration of partnership deed is mandatory
A.Yes
A partner who takes active interest in the day- to- day work and management of the business is known as
(a)
A person who is not a partner of the firm and does not contribute to capital, but behaves or expresses himself as a partner of the Business is called
A.Sleeping partner
B.Active partner
C.partner by ESTOPPEL.
D.partner by holding out
Head of the family in case of HUF is called as
(a)
Certificate of commencement of business is required for operating a
A.public company
B.Private company
C.Both of the above
D.None of the above
Company is a — person
(a)
A company which comes in to existence by a special act of the parliament or legislature is called
A.Chartered companies
C.Registered companies
D.Statutory companies
Multinational companies operate in
A. Only one country
B.only in foreign countries
C.Morethan one country
D.None of the above
Company's management is overseen by
