Dhirubhai chaurasiya operates at textile business. His family is joint and has a lot of ancestral property. All the 15 family members are a part of this business. He is the eldest male member in the family so he heads the business. He is liable to all the creditors of the business as he is is the decision maker. Dhirubhai's grandson has just born a few days ago and he is also the member of the business.
19. Which form of business is being undertaken by Dhirubhai chaurasiya?
(a) Sole Proprietorship.
(c) Joint Stock Company.
(b) Partnership.
(d) Hindu Undivided Family.
20. Identify the feature of this form of business based on the information given.
(a) Membership by birth.
(c) Quick decision making.
(b) Individual ownership.
(d) Common Seal.
21. Owner of this form of business organisation is known as
(a) Single Owner.
(b) Partners.
(c) Karta.
22. The liability of the owner of this form of business is
(a) Limited.
(b) None of these.
(c) Partly Limited.
(d) Shareholde
a good quality products
b. obey laws
c. Fair return
d. Competitive Salary
(d) Unlim
23. Which of the following comes under economic causes of risk-?
(a) Flood, famine
(b) Negligence of workers, stoppage of work
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19.(d)Hindu Undivided Family.
20.(a)Membership by birth
21.(c)Karta
22.(b)None of these
All of these
23.(b)Negligence of workers,stoppage of work
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