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  • Question 1
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    A person who allows the use of his name by a firm, but does not contribute to its capital is called ___________

  • Question 2
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    In _______ type of partnership, the liability of at least one partner is unlimited

  • Question 3
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    The cooperative society is compulsorily required to be registered under the Cooperative Societies Act ________

  • Question 4
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    The karta in Joint Hindu family business has

  • Question 5
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    A person contributes capital but do not take part in the day to day activities of the business is called _____________

  • Question 6
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    _________ is not a separate entity in the eyes of law

  • Question 7
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    In case of ___________ Registration is compulsory

  • Question 8
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    A person who contributes capital, takes part in management, shares profits/losses and has unlimited liability towards the creditors but unknown to the general public is called ____________

  • Question 9
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    The board of directors of a joint stock company is elected by

  • Question 10
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    The structure in which there is separation of ownership and management as per law is called______________.

  • Question 11
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    ________ company needs to have only two directors

  • Question 12
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    Hindu Succession Act was passed in ___________

  • Question 13
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    __________ company does not invite public to subscribe to its share capital

  • Question 14
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    The capital of a company is divided into number of parts each one of which are called

  • Question 15
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    In a cooperative society the principle followed is

  • Question 16
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    The life of sole proprietorship business is ___________

  • Question 17
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    Provision of residential accommodation to the members at reasonable rates is the objective of

  • Question 18
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    What is the limit of members in case of a Private Company?

  • Question 19
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    At least 10 adults, no maximum limit in case of ________

  • Question 20
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    A person who is not a partner in a firm but knowingly allows himself to be represented as a partner in a firm is called _______

  • Question 21
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    Partnership at will can continue _____________

  • Question 22
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    ________is not legally required to publish its accounts and submit its reports.

  • Question 23
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    The maximum number of partners allowed in the partnership business are

  • Question 24
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    The partnership deed generally includes the following

  • Question 25
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    The Head of the joint Hindu family business is called

  • Question 26
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    A partner whose association with the firm is unknown to the general public is called

  • Question 27
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    Partnership comes to an end in case of __________

  • Question 28
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    Profits do not have to be shared. This statement refers to

  • Question 29
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    Which of the following is not a feature of Joint Stock Company?

  • Question 30
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    As per the _________ partnership business can be carried on by all the partners or any one of the partners can act for all.

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