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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. A company cannot come into existence without
2. The board of directors of a joint stock company are elected by
3. Which of the following is a specific form of business organization where membership is by birth?
4. Which one of the following is the CORRECT sequence of stages in the formation of a company?
5. Which of the following systems allows both male and female members of the family to be coparceners?
6. What do you understand by the term unlimited liability?
7. In how many days the amount of minimum subscription must be received
8. The maximum number of partners allowed in the banking business are
9. A prospectus is issued by
10. 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.?
11. Provision of residential Accommodation to the members at reasonable rates is the objective of:
12. Which of the following cooperative society is established to help small producers in selling their products?
13. Every partner is both an agent and a principal. Identify the characteristic of partnership being referred here.
14. Which of the following is a specific form of business organization where membership is by birth?
15. A company cannot came into existence without
16. A prospectus is issued by
17. The board of directors of a joint stock company are elected by
18. Which of the following business enterprises does not have a separate legal entity?
19. Which of the following contract is signed by the promoters with the third party on behalf of the proposed company?
20. Which one of the following is the CORRECT sequence of stages in the formation of a company?
21. In how many days the amount of minimum subscription must be received
22. 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.?
23. Which of the following statement is NOT true about a minor partner?
24. Which of the following cooperative society is established to help small producers in selling their products?

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