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Forms Of Business Organization

Question

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Which is not the feature of sole proprietorship ?
One man's control
Limited Liability
Nominal Legal Formalities
Capital of one man

Solution

B.

Limited Liability

Some More Questions From Forms of Business Organization Chapter

Give the meaning of a sole proprietorship organization.

What is the meaning of a Joint Hindu Family business.

Can a minor become a member of Joint Hindu Family?

What is the meaning of Partnership organization?

Can a Partnership firm have a minor partner ?

Define partnership deed.

What do you understand by co-operative society?

Define company.

What do you understand by a Private Company?

What do you understand by a Public Company?

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