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Forms Of Business Organizations (MCQs)
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Forms Of Business Organizations (MCQs)
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24 Questions

1. Which of the following forms of business enterprises suffer from lack of public confidence because they are not required to publish its accounts legally?
2. Which of the following systems allows both male and female members of the family to be coparceners?
3. Which of the following systems allows both male and female members of the family to be coparceners?
4. It is a form of business organization which is owned, managed and controlled by an individual who is the recipient of all profits and bearer of all risks. Identify the concept.
5. Every partner is both an agent and a principal. Identify the characteristic of partnership being referred here.
6. Which one of the following is the CORRECT sequence of stages in the formation of a company?
7. The board of directors of a joint stock company are elected by
8. Which of the following statement is NOT true about a minor partner?
9. The members of which of the following business organizations do not have limited liability?
10. Which of the following is a specific form of business organization where membership is by birth?
11. Which of the following business enterprises does not have a separate legal entity?
12. The board of directors of a joint stock company are elected by
13. Provision of residential Accommodation to the members at reasonable rates is the objective of:
14. Which of the following is a specific form of business organization where membership is by birth?
15. A company cannot come into existence without
16. It is a form of business organization which is owned, managed and controlled by an individual who is the recipient of all profits and bearer of all risks. Identify the concept.
17. Which of the following is the relation between persons who have agreed to share the profit of the business carried on by all or any one of them acting for all.?
18. A prospectus is issued by
19. The maximum number of partners allowed in the banking business are
20. Which of the following is the relation between persons who have agreed to share the profit of the business carried on by all or any one of them acting for all.?
21. A prospectus is issued by
22. In how many days the amount of minimum subscription must be received
23. In a cooperative society, the principle followed is
24. In how many days the amount of minimum subscription must be received

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