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- 1. Fill in the Blank
A type of business organisation where a person individual responsible for capital, bearing risk & management is called ____________
- 2. Fill in the Blank
- Sole proprietors have __________ liability
- 3. Fill in the Blank
The liability of all member, except the karta in Hindu Undivided family is....................... .
- 4. Fill in the Blank
The most important document used in partnership business is.................... .
- 5. Fill in the Blank
Registration of a partnership business is ....................
- 6. Fill in the Blank
In a general partnership liability of partners is .......................
- 7. Fill in the Blank
The liability of members of a cooperative society is................... to the extent of their capital contribution.
- 8. Fill in the Blank
Joint stock Company enjoys __________________, as members may come and go, but the co. continues to exist.
- 9. Fill in the Blank
The maximum number of shareholders in any Private company is _________
- 10. Multiple Choice
There is a separate law that governs sole proprietorship.
true
false
- 11. Multiple Choice
Find out the liability of Kavita in a company. Who is a shareholder, holding 3,000 shares of Rs. 10 each. She has already paid Rs. 6 per share.
a) Rs 10,000
b) Rs. 1,20,000
c) Rs 18,000
d) Rs. 12000
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