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  • Question 1
    1 / -0

    The money contributed to the company by its members is its __________ and is known as the member's __________.

  • Question 2
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    ____________ is the most flexible kind of business Organisation.

  • Question 3
    1 / -0

    Which of the following are a form of a business enterprise?

  • Question 4
    1 / -0

    Compared to licensing, franchising is a more advantageous entry mode because ________________________.

  • Question 5
    1 / -0

    Following are the elements which constitute a partnership _____________.

  • Question 6
    1 / -0

    Limited Liability Partnership form of business organization has been introduced in India by ________.

  • Question 7
    1 / -0

    Whoever a new partner is added to the firm the firm is ____________.

  • Question 8
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    One of the hardships of a sole proprietorship is that _________________.

  • Question 9
    1 / -0

    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 10
    1 / -0

    The choice of an appropriate form of business organisation largely depends upon:
    I. Ease of formation
    II. Continuity and stability
    III. Liability aspects.  
    Correct option is __________.

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