The maximum number of members in a public company is
50
20
Unlimited
None of these
A partnership organization is governed by the
Indian Companies Act
Indian Partnership Act
Cooperative Societies Act
Sole proprietorship have ______________ liability.
Limited
Joint
No liability for debts.
'Each for all and all for each' is the basic principle of
Cooperative societies
Partnership
Company
Sole proprietorship
Which one of the following has to wait for the receipt of 'Certificate of Commencement' before it can start a business?
Private company
Public company
Cooperative society
Which of the following is a sole proprietorship?
Beauty parlour
School
Hospital
'Members limited liability' is one of the ____________ of the cooperative society.
Advantages
Limitation
Feature
'Perpetual succession' is found in
All of these
Delay in decision making is one of the ______________ of a company.
Merit
The 'Karta' in Joint Hindu family business has
Limited liability
Unlimited liability
No liability for debts
Joint liability
