Business class 11 Forms of Business Organisation

1. From the following business enterprise is which only the person get full and he alone bears risk ;

2. Who among the following can only be beneficiary of business and does not has unlimited ability ?

3. Who elect the board of directors ?

4. Who are called the real owner of the company ?

5. Who becomes ‘Karta’ in joint Hindu family business ?

6. Which document is also called as charter of the company ?

7. Which document is an invitation to general public ?

8. Which type of company is not allowed to subscribes its share to general public ?

9. Which clauses of memorandum defines powers and limitations of a company ?

10. Directors take approval from where before issue of shares in capital market ;

11. Who is called parent of company ?

12. A partner whose associated with the firm is unknown to the general public is called ?

13. Minimum number of members to form a private company is ?

14. Minimum number of members to form a public company is ?

15. A prospectus issued by ?

16. Preliminary contacts are signed ?

17. Preliminary contracts are ;

18. The structure in which there is separation of ownership and management is called ?

19. The maximum no. of partners allowed in banking business are ;

20. Profits do not have to be shared. This statement refer to ;

21. The capital of a company is divided into no. of parts each one of which is called ;