Full Marks: 100
Time: 3 hours
The figures in the margin indicate full marks for the questions.
1. Answer the following questions : 1x8=8
(a) State one feature of Joint Hindu Family Business.
Ans: Membership by birth
(b) What do you mean by e-business?
Ans: E – Business: E – Business refers to all business transactions and functions conducted electronically.
(c) Give an example of unethical behaviour in business.
Ans: Providing poor quality products to the customer.
(d) When can a private company commence business?
Ans: A private company can commence business after obtaining Certificate of Incorporation.
(e) Who is promoter?
Ans: A promoter is the person who does the required work before the formation of the company for its incorporation.