Whose Liability is limited to the extent of his capital to the firm?
Anonymous Quiz
24%
Owner
42%
Partner
23%
Employee
10%
None of the above
👍1
A partner in a firm _____.
Anonymous Quiz
12%
Can Transfer his shares to an outsider
55%
Can Transfer his shares to an outsider with the permission of partners
29%
Cannot transfer his shares
4%
None of the above
❤1👍1
Who is the servant of the firm with a share in the profits?
Anonymous Quiz
23%
Manager
27%
Employee
20%
CEO
29%
Shareholder
👍1
Who is not entitled to the share of profits?
Anonymous Quiz
33%
Manager
19%
Shareholders
7%
Partners
42%
Nominal Partner
👍1
👍1
Companies Act 2013 govern?
Anonymous Quiz
35%
Partnership firm
12%
Co-Operative Society
51%
Joint Stock Company
2%
Sole Proprietorship
👍1
What contains the rules regarding the activities of a company?
Anonymous Quiz
51%
Memorandum of Association
29%
Article of Association
17%
Partnership Deed
4%
None of the above
👍1
Whose liability is limited to the paid-up value of shares?
Anonymous Quiz
26%
Partners
15%
Manager
9%
Employee
51%
Shareholders
👍2
Which firm is called invisible and intangible?
Anonymous Quiz
26%
Partnership
29%
HUF
27%
Company
19%
Co-Operative Society
👍2
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👍2
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What is Business?
Anonymous Quiz
41%
Buying & Selling of Goods
55%
Commerce & Industry
3%
Trade
1%
None of the above
👍3
What is an Economic Activity?
Anonymous Quiz
68%
The activity of making, providing, purchasing, or selling goods or services.
19%
An industry in that part of the economy that creates services rather than tangible objects.
7%
It is a category of property that includes intangible creations of the human intellect.
7%
Services that focus on the creation, re-arrangement and interpretation of new and existing ideas.
👍1
What is Business?
Anonymous Quiz
20%
Buying & Selling of Goods
76%
Commerce & Industry
3%
Trade
1%
None of the above
👍1
Hunting is what kind of Industry?
Anonymous Quiz
16%
Intellectual
20%
Interpretation
50%
Extractive
15%
Economic
👍2
Create a customer is a valid definition of?
Anonymous Quiz
66%
Business Purpose
7%
Factory Purpose
23%
Entrepreneur
4%
None of the Above
👍1
Individual Ownership is called as?
Anonymous Quiz
11%
Joint Trade Business
77%
Sole Proprietorship
6%
Co-Operative Society
5%
Partnership
👍2
Who takes no active part in Business?
Anonymous Quiz
8%
CEO
7%
Managing Director
51%
Dormant Partner
34%
Minor Partner
👍1
Whose property is not liable for the debts of a company?
Anonymous Quiz
6%
Owner
24%
Shareholders
25%
Employee
44%
Minor Partner
👍1
In case of death or insolvency of a partner the firm is?
Anonymous Quiz
63%
Dissolved
24%
Carried on
12%
New owner
1%
None of the above
👍1