Forms of Business Organisations — Important Questions
Telangana Open School (TOSS) · Class 12 · Business Studies
45 important questions from Forms of Business Organisations for Telangana Open School (TOSS) Class 12 Business Studies, with answers.
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Important Questions from Forms of Business Organisations
In which form of business is the Karta the manager?
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Joint Hindu Family
The Karta is the head of the Joint Hindu Family who manages the business.
Which of the following is NOT a characteristic of sole proprietorship?
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Separate legal entity
A sole proprietorship does not have a separate legal entity from its owner.
What is the maximum number of partners allowed in a partnership firm as per the Companies Act, 2013?
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10or
As per Rule 10 of the Companies Act, 2013, the maximum number of partners is 100.
Which of the following is a type of cooperative society?
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Producer's Cooperative
Producer's Cooperative Societies help small producers with raw materials and tools.
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