Forms of Business Organisations
Commerce ⇒ Business Studies
Forms of Business Organisations starts at 11 and continues till grade 12.
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See sample questions for grade 11
Define unlimited liability.
Explain the concept of ‘separate legal entity’ in the context of a company.
Explain the concept of mutual agency in partnership.
Explain the difference between a public company and a private company.
Explain the difference between limited liability and unlimited liability.
Explain the process of registration of a company in India.
Explain the term ‘Karta’ in a Joint Hindu Family business.
In a scenario where a sole proprietor dies, what happens to the business?
List any two limitations of a partnership firm.
List any two types of companies based on liability.
Name the document that contains the rules and regulations for the internal management of a company.
State any two advantages of a Joint Stock Company.
State any two demerits of a cooperative society.
State any two merits of a Joint Hindu Family business.
