Download App

Forms of Business Organisation-1 — OCM STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceOCMForms of Business Organisation-11 Mark
Question
Sole Proprietary business firm has short life. Why is it so?
✓

Answer

Due to death, insolvency or insanity this type of business firm ends. It may end it there is no heir or the heir has no competency to run business.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Each" from Forms of Business Organisation-1→Forms of Business Organisation-1 — all question types→OCM STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

When is time utility Created?
→
With which purpose Co-operative Society exists ?
→
Which provision is made in companies Act $2013$ regarding public deposits ?
→
Why does public company get its shares listed in stock market ?
→
To which sector banking is useful besides commerce ?
→
Which are Ancillary Supporting service to trade?
→
Which expenses are included in 'dock charges’?
→
How does retailer offer customer opportunity of selection regarding product?
→
'Registration of partnership Firm is not compulsory but advisable.' Why?
→
What is the benefit of floating charge on the asset mortgaged against the amount of debenture ?
→