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 12
Define 'artificial person' in the context of a company.
Explain the concept of 'mutual agency' in partnership.
Explain the concept of 'separate legal entity' in the context of a company.
Explain the concept of 'unlimited liability' in the context of business organisations.
Explain the difference between 'limited liability' and 'unlimited liability'.
Explain the process of registration of a partnership firm in India.
Explain the term 'common seal' in relation to a company.
Explain the term 'perpetual succession' with reference to a company.
List any two demerits of a cooperative society.
List any two merits of a partnership form of business.
State any two differences between a cooperative society and a company.
State any two differences between a private company and a public company.
