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Name the form of business organisation i...

Name the form of business organisation in which a minor can be full-fledged member .

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Joint Hindu Family Business .
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Choice Of Form Of Business Organisation

Monoj is running a general store under the name 'Daily needs' in a local market. He takes all dicisions about business himself. Without any interference from others and get all the profit as a reward for bearing the full risk. In the context of above case. (i) Identify and define the form of business organisation in which Manoj has formed his business. (ii) State any four features of that form.

POONAM GANDHI-FORMS OF BUSINESS ORGANISATIONS -Over to You
  1. Name the form of business organisation in which a minor can be full-fl...

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  2. What do you understand by sole proprietorship ? Outline its three feat...

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  3. Give any three limitations of the sole proprietorship as a form of or...

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  4. Explain the features of a Joint Hindu Family Business .

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  5. Only the Karta has unlimited liability in a HUF . Explain .

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  6. Define partnership . State its four important features .

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  7. Discuss two merits and two limitations of partnership .

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  8. Describe briefly the following terms : (i) Active partner (ii) Sle...

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  9. What is a partnership deed ? List any six of its contents .

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  10. Distinguish between partnership at will and particular partnership .

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  11. Distinguish between general partnership and limited liability partners...

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  12. What is a cooperative society ? State its three characteristics .

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  13. Distinguish between consumers cooperative societies and and producers ...

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  14. Explain how the company is an artificial person .

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  15. Briefly explain any four limitations of a company .

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  16. What is meant by promotion of a company ? List the steps involved in t...

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  17. What is meant by incorporation of a company ? List the steps required ...

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  18. List the documents required for the incorporation of a company .

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  19. Define a prospectus and state its main clauses .

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  20. State any six contents of the Articles of Association .

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  21. Discuss any three advantages and any three limitations of partnership ...

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