ISC Class 12th Business Studies Chapter 17 - Business Size and Finance Important Questions with Answers

You should focus on solving ISC Class 12th Business Studies Chapter 17: Business Size and Finance important questions, especially to help you score high marks. By solving ISC Class 12th Business Studies 17 questions, you will be solving exam-oriented questions only.
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Prepare thoroughly with the most important questions of ISC Class 12th Business Studies Chapter 17 - Business Size and Finance. You can first cover the ISC Class 12th Business Studies syllabus to understand the key topics and then start solving the ISC Class 12th Business Studies Chapter 17 - Business Size and Finance Important Question to get a better understanding of your preparation level. Start practicing now.

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Question 1.

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In Sole Proprietor ______ is maintained.

Question 2.

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The liability of a Sole Proprietor limited to extent ______.

Question 3.

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Which of the following is the limitation of the sole proprietorship?

Question 4.

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Sole Proprietor is the best, when ______.

Question 5.

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Which of the following is not governed by a specific act?

Question 6.

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The greater handicap of a sole proprietorship is ______.

Question 7.

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Partnership is formed as a result of ______.

Question 8.

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A partnership deed is ______.

Question 9.

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A partner in a firm ______.

Question 10.

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Liability of partners in respect of the firm’s debt is ______.

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Question 1.

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The minimum number of members to form a private company is ______.

Question 2.

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A private company is one where ______.

Question 3.

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The liability of shareholder of a public company is limited to the ______.

Question 4.

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‘Profits do not need to be share’. This statement refers to ______.

Question 5.

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‘One man control is the best in the world’. This statement shows the importance of ______.

Question 6.

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Ram is a Sole Proprietorship who wants to expand his business. He should appoint a ______.

Question 7.

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The board of directors of a joint-stock company is elected by ______.

Question 8.

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In a firm the liability of a partner is ______.

Question 9.

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In ______ company there is no restriction on the transfer of shares.

Question 10.

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In contrast to a private company, a public company can have a ______ number of shareholders and can raise capital through public offerings.

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