Factors Determining Choice of Form of Organisation

Q.

A public company requires a minimum of ___ members to form.

1. 8

2. 5

3. 6

4. 7

Q.

Minimum number of members required to form a trade union is?

Q.

The maximum number of partners allowed in the banking business are

(a) Twenty

(b) Ten

(c) No limit

(d) Two

Q.

Which is the oldest form of business organization? - Commerce - Q&A

1. Sole proprietorship

2. Company

3. Partnership

4. Co-operative society

Q.

An Ordinary Partnership Business Can Not Have _______.

1. More Than 2 Partners.

2. More Than 20 Partners

3. More Than 50 Partners.

4. More Than 100 Partners.

Q. Minimum number of members to form a private company is _______.

1. 2
2. 3
3. 5
4. 7

Q.

What is the range of members for a private company?

1. 1-200

2. 2-200

3. 2-100

4. 1-100

Q.

The Maximum Number Of Partners For A Firm Carrying On

Q.

Where does negative goodwill go on the balance sheet? Find the Answer at BYJUS

Q. In a joint stock company, the process of formation is easy and faster as compared to a sole proprietorship.

1. True
2. False

Q. In a company form of business has huge funds at its disposal.

1. False
2. True

Q. In a company, decision making process is slower as compared to partnership and sole proprietorship.

1. False
2. True