The firm of Hindu Undivided Family is managed by whom?

(a)

Owner

(b)

Karta

(c)

Manager

(d)

Partner

A temporary partnership which is formed to complete a specific job doing a specified period of time is called ________.

(a)

Partnership-at-will

(b)

Particular partnership

(c)

Limited Partnership

(d)

Joint Venture

A partnership is registered with _______.

(a)

Registrar of Companies

(b)

Registrar of Co-operatives

(c)

Registrar of Firms

(d)

District Collector

In a Joint Hindu Family Firm even a newborn baby can be a ________

(a)

Minor

(b)

Partner

(c)

Co-parcener

(d)

None of these

Name the Partner whose association with the firm is not known to the general Public ____________

(a)

Sleeping Partner

(b)

Active Partner

(c)

Nominal Partner

(d)

Secret Partner

A Nominal Partner is also called as ___________ Partner.

(a)

Sleeping

(b)

Ostensible

(c)

Working

(d)

Minor

Running a cinema theatre, a bookshop are the examples of ________

(a)

Sole Proprietorship

(b)

Partnership Firms

(c)

Co-operative Society

(d)

None of these

A partner who takes active part in the management of the partnership is known as _____ partner.

(a)

Active

(b)

Sleeping

(c)

Nominal

(d)

Secret

A partner who neither contributes capital nor takes any part in the management of the firm is called ________ partner.

(a)

Active

(b)

Sleeping

(c)

Nominal

(d)

 Secret

The written agreement among partners is called _______

(a)

Partnership

(b)

Partnership deed

(c)

Articles of association

(d)

Partnership act