CBSE Class 11 Business Studies Forms of Business Organisation Worksheet Set A

Forms of Business Organisation

I Answer in One sentence.

1 Which system of Joint Hindu Family Business allows both male and female members to be the Coparceners?

2 How does a company put its signatures on documents? (2015) 

3 Define Partnership. (2014) 

4 Identify the form of business under which the membership is based on the birth of its members.

5 Which value is of utmost importance when partnership form of business is used? 

6 Which type of organisation is most desirable from employment generation point of view?

7 What is the main objective of cooperative societies? 

8 Who controls the functioning of a cooperative society? 

9 How can you identify an organisation form of a company whether it is limited company or a private limited company on the basis of name?

II Answer in 50-75 Words.

10 How does a cooperative society exemplify democracy and secularism? 

11 “Registration of partnership is not mandatory but is very beneficial.” How? (2012) 

12 Define sole proprietorship. Discuss the merits and limitations of sole proprietorship.

13 What is the role of Karta in Joint Hindu Family Business? (2013) 

III Answer in around 150 Words.

14 Briefly explain the different types of Partners in partnership business. 

15 Distinguish between:

Partnership at will and Particular Partnership; General Partnership and Limited Partnership.

16 Define Cooperative society. State the features of a cooperative society. 

17 Name the written agreement which specifies the terms and conditions that govern the partnership. Discuss its main contents. (2013)

18 “Company is an artificial person with separate legal entity, perpetual succession and common seal.” Comment. (2014)

→ Answer in around 200 Words.

19 Explain the various types of co-operative societies. (2014)   

20 “One man control is the best in the world if that man is big enough to manage everything.” Comment.

21 “Karta is the most powerful person who can flourish as well as ruin the business” .Comment.

22 “A sole proprietorship business cannot be completely abolished even there are so many multinational companies established in India”. Do you agree? Give your views.

Please click on below link to download CBSE Class 11 Business Studies Forms of Business Organisation Worksheet Set A