Download App

Forms of Business Organisation-2 — OCM STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceOCMForms of Business Organisation-23 Marks
Question
Why is the company has long life ?
✓

Answer

  • Company hold separate entity from its share holders. Company is not dissolved by death. insanity or insolvency of any shareholder.
  • The existence of company continues. Company can be dissolved in special circumstances only with the permission granted by court.

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 "3 Marks Each" from Forms of Business Organisation-2→Forms of Business Organisation-2 — all question types→OCM STD 11 Commerce question papers→Gujarat Board STD 11 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Give the meaning of Communication.
→
“ Insurance does no remove risk, but it compensates for the loss resulting from the risk “ – Justify the statement.
→
“ Transportation service create place utility in products” - Discuss.
→
Why the exporter does not accept foul mate receipt ?
→
A person has a car worth ₹10 lakhs and has taken insurance of ₹7 lakhs. B person has a car worth ₹6 lakhs and has taken insurance of ₹4 lakhs. C person has a car worth ₹12 lakhs and has taken insurance of ₹12 lakhs. Based on the above information, answer the following questions:
(i) If person A's car is completely damaged, how much compensation will the insurance company pay?
(ii) If person B's car suffers partial damage resulting in a loss of ₹3 lakhs, how much compensation will the insurance company pay?
(iii) If person C's car is completely damaged, how much compensation will the insurance company pay?
→
Clarify the limitations of co-operative society.
→
Write Short Note on : Shopping Mall
→
Why are the products sold in departmental stores are costlier?
→
Explain the principle of Insurable interest .
→
"Co-operative Society is a blessing to middle class and poor people." - Explain.
→