Question

CLASS XI, BUSINESS STUDIES ASSIGNMENT-CHAPTER 2 (Excluded Company)
Very short answer questions (1 mark each):-
Q1: “He enjoys all gains and bears all losses.” To which business organization is this statement
related ?
Q2:
When the concept of Limited Partnership is permitted in India?
Q3:
All the employees of Elite Pvt. Ltd. formed a society. The society purchased a piece of land
and constructed flats on it for its members. Identify the type of business organization.
04:
Samaira is running a gift shop. Her assets were worth * 1,50,000 but the debts stand at *
1,80,000. How can she pay off the extra liabilities of 30,000?
Q5:
Suhana is a partner in RSDL enterprises. She invested capital in the firm, shares the
profits and losses, takes part in management of business and has unlimited liability. But
her association with the firm is not disclosed to anyone outside the firm. Which type of
partner Suhana is?

Answer 1

Answer:

huh

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Explanation:

Answer 2

Hey!!

1) sole proprietorship

2) 2009

3) cooperative society

4) she has to pay the money even if she she has to sell her personal property

5)secret partner

Hope this helps you!!