Question

uppoucІІ топ трауссоueus: Explаn gешg reasons
CASE STUDY-4
The two friends raman and soniya started a business by name of 'soniya fancy dress shoppy' both of them
invested equal capital in the business. At the start of the business soniya had placed one condition before raman that
if unfortunately they suffered a heavy loss in their business she would not be able to give anything except the capital
invested in the business. Raman had accepted the condition on terms and conditions that soniya would not enjoy the
right to participate in the management of the firm. Their business was gradually growing well and they were fully
satisfied with their business.
a
To what form of business organization is concemed the above para?
b. Identify and explain the type of form of organization identified in (a).​

Answer 1

invested in the business. Raman had accepted the condition on terms and conditions that soniya would not enjoy the

right to participate in the management of the firm. Their business was gradually growing well and they were fully

satisfied with their business.