One of the claimed advantages of a sole trader business is that:

One of the disadvantages of a sole trader business is that:

One of the advantages of a partnership form of business organization is that:

Which of the following statements about co-operative business organizations is true?

The form of business organisation which is specifically found in India is:

Cooperative Societies are compulsorily registered under which of the following Act:

How many types of Cooperative Societies are there:

Satish lost his job during the Covid-19 pandemic now he wants to start a business of his own in his hometown, Satish had limited finance available with him and he does not want many legal formalities to start a business, suggest Satish which forms of business organisation he should go for:

Minimum number of members required to form a public company is:

The liability of all the co-parceners except the ___________ is limited to their share in the business, and consequently their risk is well-defined and precise.

What is a commonly claimed advantage of a sole trader business?

The structure in which there is separation of ownership and management is called__________________.

Partnership is the relation which subsists between persons who have agreed to combine their property, labour or skill in some business and to share the profits therefrom between them.

In a cooperative society the principle followed is__________.

The board of directors of a joint stock company is elected by______.

Profits do not have to be shared. This statement refers to _________.

What is the minimum number of members required to form a cooperative society?

The capital of a company is divided into number of parts each one of which is called__________.

Provision of residential accommodation to the members at reasonable rates is the objective of_________.

Oligarchic management is related to which form of business organisation?

Minimum number of members to form a public company is_______-.

For which of the following types of business do you think a partnership form of organisation would be more suitable, and why?

These partners take actual part in carrying out business of the firm on behalf of other partners.

It can continue as long as the partners want and is terminated when any partner gives a notice of withdrawal from partnership to the firm.

The aim of such societies is to protect the members from the exploitation of lenders who charge high rates of interest on loans.

A company is a creation of law and exists independent of its members.

A _______ is one who allows the use of his/her name by a firm, but does not contribute to its capital.

A person is considered a partner ____________ if, through his/her own initiative, conduct or behaviour, he/she gives an impression to others that he/she is a partner of the firm.