The 'Karta' in Joint Hindu family business has
Limited liability
Unlimited liability
No liability for debts
Joint liability
In which partnership, it does not get terminated with the death, lunacy or insolvency of the limited partner?
General
Limited
Particular
None of these
Which one of the following is the limitation of sole trade?
Sense of accomplishment
Direct incentive
Which one of the following is not a merit of Hindu Undivided Family business?
Continued business existence
Limited resources
Effective control
Bharat Aluminium company is a
Public company
Private company
Sole trade
Who issues the 'Certificate of registration' to a firm?
State Government
Central Government
Registrar of firms
Which partnership dissolves automatically when the purpose for which it was formed is fulfilled?
In which state 'Dayabhag' system is applicable?
Uttar Pradesh
Assam
Karnataka
West Bengal
In a cooperative society, the principle followed is
Multiple vote
No vote
One man one vote
The liability of partners in a general partnership is
Unlimited
No liability
