Self Studies

Forms of Busine...

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  • Question 1
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    The relationship of partnership arises out of _________.

  • Question 2
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    A business started by only one person is called________.

  • Question 3
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    Agreement to share profits in a partnership firm ________.

  • Question 4
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    In which of the following cases, a partnership firm may be dissolved?
    X. On the death of a partner.
    Y. On the insolvency of a partner
    Z. On the retirement of a partner
    Correct option is _______________.

  • Question 5
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    A partner who does not get actively involved in business is a  _________ partner.

  • Question 6
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    True Test of existence of partnership is _________.

  • Question 7
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    Person doing business solely is known as ________.

  • Question 8
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    A Company Secretary _____________________.

  • Question 9
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    Statement A : Easy to form is advantage of sole proprietorship form of business.
    Statement B: Easy to wind up is advantage of sole proprietorship form of business.

  • Question 10
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    Sole proprietorship form is most suitable ___________.

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