Forms of Business Organisations
Telangana Open School (TOSS) · Class 12 · Business Studies
Most important questions from Forms of Business Organisations for Telangana Open School (TOSS) Class 12 Business Studies board exam 2026. MCQs, short answer, and long answer questions with marks.
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Sample Questions
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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