Forms of Business Organisation

Name the enterprise involving single ownership.

In which business enterprises person get full profit and he alone bears risk:

• Joint Hindu Family

• Cooperative Society

• Partnership

• Sole Proprietor

Name the Head of Joint Hindu Family Business.

Name the smallest unit in which the capital of a company is divided.

Which certificate is called the birth certificate of the company?

• Certificate of Registration

• Certificate of Incorporation

Which clause of memorandum defines the powers of the company?

• Association clause

• Object clause

• Liability clause

• Capital clause

Which feature of partnership binds all the partners to the agreement signed by one partner?

• Mutual Agency

• Decision Making and control

• Risk bearing

In Private Ltd. company can the allotment of shares be done without receiving minimum subscription?

• Yes

• No

A person who lends his name and goodwill to benefit a partnership firm.

• Secret partner

• Partner by Estoppel

• Partner by holding out

• Nominal partner

An organisation where members associate together to promote mutual goals and welfare of consumers