Short Answer Questions
1. Compare the status of a minor in a Joint Hindu family business wi
that in a partnership firm.
2. If registration is optional, why do partnership firms willingly go throu
this legal formality and get themselves registered? Explain.
3. State the important privileges available to a private company.
4. How does a cooperative society exemplify democracy and secularis
Explain.
5. What is meant by 'partner by estoppel'? Explain.
6. Briefly explain the following terms in brief.
(a) Perpetual succession
(b) Common seal
Karta
(d)
Artificial person
1.
Long Answer Questions
What do you understand by a sole proprietorship firm? Explain its mer
and limitation?
2. Why is partnership considered by some to be a relatively unpopu
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love Riztarr and love joker....
good night sweet dreams....
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