Download PDF – Forms of Business Organisation : Partnership | DSBM Notes And MCQs

Forms of Business Organisation : Partnership | DSBM Notes And MCQs

Q1. Inactive partner is also known as…..

A) Sleeping partner

B) Working partner

C) Secret partner

D) None of them

Answer: (A)

Q2. … . . .. Partner do not take part in conduct of business firm.

A) Working partner

B) Secret partner

C) Inactive partner

D) None of them

Answer: (C)

Q3. The partner not disclosed to public but shares the profit and losses of the firm is…

A) Sleeping partner

B) Inactive partner

C) Both of them

D) None of them

Answer: (C)

Q4. The partner not sharing profit but liable for the debts of the firm is…

A) Secret partner

B) Nominal partner

C) Working partner

D) None of them

Answer: (B)

Q5. The partner Neither contributing capital not taking an active part in business conduct is…

A) Active partner

B) Working partner

C) Nominal partner

D) None of them

Answer: (C)

Q6. The partner who does not want to be known as partner of the firm is…

A) Secret partner

B) Working partner

C) Secret partner

D) None of them

Answer: (A)

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