true or false 1 promoter acts in the capacity of an agent of the company. 2 the liability of a sole proprietorship is limited to the extent of capital contribution by him into the business. 3 the liability of all the co parceners , except the karta , is limited to their share in the family property. 4 a sole proprietorship is bound to publish his business accounts. 5 sole proprietorship is considered to be the simplest form of organization. 6 there is no limit to the number of members in a partnership. 7 death of sole proprietorship will bring the business to an end. 8 minimum 5 adults person are required to form a cooperative society. 9 it is not compulsory to get a partnership firm registered. 10 sole proprietorship is more suitable in case of large scale enterprises. 11 the liability of a partner in a partnership firm is limited to the extent of his capital contribution. 12 the preparation and filling of memorandum of association is compulsory.
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true
false
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Answer:
1 ] false
2 ] false
3 ] true
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