Select the Correct option and rewrite the sentence

(i) A sole trading concern ensures …………….. business secrecy. 

(a) maximum 

(b) minimum 

(c) limited

(ii) The members of Hindu undivided family business are called ……………….. 

(a) carpenter 

(b) co-parcener 

(c) parceners

(iii) The head of Joint Hindu Family Business is called as ……………. 

(a) KARTA 

(b) owner 

(c) manager

(iv) Registration of partnership firm is ………………. in Maharashtra. 

(a) voluntary 

(b) compulsory 

(c) easy

(v) The liability of the shareholders in Joint Stock Company is ………… 

(a) limited 

(b) unlimited 

(c) restricted


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(i) (a) maximum

(ii) (b) co-parcener

(iii) (a) KARTA

(iv) (b) compulsory

(v) (a) limited

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