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Forms of Busine...

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  • Question 1
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    The partners have a ___________ relationship.

  • Question 2
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    Even a single partner may be called upon to pay the debts of a partnership firm.

  • Question 3
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    The sole proprietorship form of business discourages self employment.

  • Question 4
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    In HUF business, all the members own the business jointly.

  • Question 5
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    The risk of the sole proprietorship business is shared with the employees of the business _______________.

  • Question 6
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    The written agreement to enter into a partnership is known as _______.

  • Question 7
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    The business affairs of an HUF is managed by _______.

  • Question 8
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    What is the minimum number of members required to form a co-operative society?

  • Question 9
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    The main objective of the co-operative society are ________.

  • Question 10
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    The liability of a shareholder of a company is to the extent of ________.

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