Question

4. What is Social Responsibility? 1

(a) same as legal responsibility

(b) broader then legal responsibility

(c) narrow then legal responsibility

(d) None of the above

5. Business people have skills to solve ? 1

(a) all social problems

(b) some social problems

(c) no social problems

(d) All economical problems

6. Name the document which defines the object and powers of the company. 1

(a) Delegation

(b) Memorandum of Association

(c) article of association

(d) None of the above

7. Varun is the only owner of his restaurant. Name the form of business organization 1

(a) Sole proprietorship.

(b) joint hindu family

(c) partnership

(d) company

8. . What is the minimum number of persons required to form a cooperative society? 1

(a) five

(b) two

(c) ten

(d) fifty

9. What is e – Business? 1

(a) electronic business

(b) economical business

(c) environmental business

(d) all of the above​

Answer 1

Explanation:

a) same as legal responsibility

Answer 2

Answer:

4 = a

5 = d

6 = b

7 = a

8 = c

9 = a

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