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प्रश्न
Select the proper option from the options given below and rewrite the completed sentence.
From the point of continuity ________ business organizations is the most suitable.
विकल्प
company
partnership
sole proprietorship
उत्तर
From the point of continuity company business organisation is the most suitable.
Explanation:
A joint stock company enjoys a continuous and stable life. This feature is known as perpetual succession, which means that the company remains unaffected by the death, retirement, insolvency or insanity of its members. Thus, from the point of continuity, a company form of business organisation is the most suitable.
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संबंधित प्रश्न
State Whether the Following Statement Are True Or False (Give Reason)
Division of work is not required in organising a function.
Multinational companies have a network of subsidiaries in _________.
Match the correct pairs.
| Group “A” | Group “B” | ||
| a) | Private company | 1) | Compulsory |
| b) | Public company | 2) | Minimum 7 members |
| c) | Common Seal | 3) | Maximum 50 members |
| d) | Registration of a company | 4) | 61% share capital |
| e) | Government company | 5) | 51% share capital |
| 6) | Symbol of a company | ||
| 7) | Optional | ||
| 8) | Simple formation | ||
| 9) | Easy dissolution | ||
| 10) | Hindu succession Act 1956 |
Write a word or a phrase or a term which can substitute the following.
The type of commercial organization established for providing services to its members.
Write a word or a phrase or a term which can substitute the following.
The rules and regulations laid down by the managing committee of a co-operative organization.
Write short note on the following.
Merits of Joint Hindu family
State with reasons whether the following statement true or false.
The liability of a Karta in a Joint Hindu family firm is limited.
State with reasons whether the following statement true or false.
Company form of organization has developed before industrial revolution.
State with reasons whether the following statement true or false.
Share holders can manage the business.
State with reasons whether the following statement true or false.
The ownership and management are not separate in Joint stock company.
State with reasons whether the following statement true or false.
The main purpose of a co-operative organization is to earn profit.
State with reasons whether the following statement true or false.
In partnership agreement may be oral or written.
Write short answer of the following.
State the features of Proprietorship.
Write short answer of the following.
State the merits of partnership firm.
Write short answer of the following.
State factors to be considered for starting business.
Long answer type question.
Define a Joint Hindu family firm. Explain its merits and demerits.
Distinguish between: Partnership Firm and Joint-stock Company
