Commercial Studies
Class 9
Chapter:- (Partnership)
1. What is implied agency in partnership?
2. When does a partnership firm become an illegal association?
3. Explain the contents of a partnership deed?
4. Explain the need for registration of a partnership firms. What are the limitations of an unregistered firm.
Chapter:-(Joint Stock Company)
1. Mention the social advantages and social evils of a company.
2. " A joint stock company is said to be an artificial person created by law, having a separate entity with a perpetual succession and a common seal." Explain, giving examples.
3. " A joint stock company is the best form of business organisation." Do you agree? Give reason.
4. What advantages does a private company enjoys over other forms of business organisation?
5. Explain the causes for the popularity of private company form of business organisation.
6. Define private sector enterprises. Explain any three features of private sector enterprises.
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