CBSE Class 11 Forms of Business Organisation — practice questions
13 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice CBSE Class 11 Forms of Business Organisation in the app →The form of business organisation owned, managed and controlled by a single individual is a:The liability of a sole proprietor for the debts of the business is:A Joint Hindu Family business is governed by:The person who manages and controls a Joint Hindu Family business is known as the:An association of two or more persons who agree to carry on a business and share its profits is a:The written document that contains the mutually agreed terms of a partnership is the:As per the Companies (Miscellaneous) Rules 2014, the maximum number of partners a partnership firm may have isA form of organisation owned by its members who voluntarily associate on the principle of mutual help is a:A cooperative society works on the democratic principle of:The minimum number of adult members required to form a cooperative society is:The feature of a company by which its continuity is unaffected by the death of its members is:The minimum number of members required to form a private company and a public company are respectively:The maximum number of members allowed in a private company is: