JNTU ONLINE EXAMINATIONS [Mid 2 - mefa]
1. An undertaking having the characteristics of Separate Legal Existence, Common Seal and Perpetual succession is known as [01D01]
1. Sole Proprietory
2. Partnership
3. Co-operative Society
4. Joint Stock Company
2. This form of organization can maintain personal contact with customers. [01D02]
1. Sole Proprietory
2. Public Limited Company
3. Co-operative Society
4. Joint Stock Company
3. An association of persons usually of limited means who have voluntarily joined together to achieve a common economic end is known as. [01M01]
1. Sole Proprietory
2. Partnership
3. Co-operative Society
4. Joint Stock Company
4. The farmers of a small village have joined together and formed an association for the purpose of procuring their agricultural requirements like fertilizers etc., This association is known as [01M02]
1. Sole Proprietory
2. Partnership
3. Co-operative Society
4. Joint Stock Company
5. Private Limited is added at the end of a [01M03]
1. Government Company
2. Public Limited Company
3. Private Limited Company
4. Departmental Undertaking
6. Which of the following firm is easy to start and easy to close? [01S01]
1. Public Limited Company
2. Public Enterprise
3. Sole Proprietory Concern
4. Departmental Undertaking
7. The Basic difference between a Sole Trader, and Partnership is [01S02]
1. Personal Contact with the customer
2. Number of Members
3. Limited Growth
4. Unlimited Liability
8. Which of the following in the feature of Sole Trader? [01S03]
1. Limited Liability
2. Unlimited Liability
3. Liability, limited by guarantee
4. Liability limited by assurance
9. _ _ _ _ _ _ _ _ _ _ form of organization requires Memorandum and Articles of Association for Incorporation. [01S04]
1. Sole Proprietory
2. Partnership
3. Co-operative Society
4. Joint Stock Company
10. The relationship between two or more persons who agree to share the profits of the business carried on by all or any one of them acting for all is known as: [01S05]
