Subjective

Q2: write short answers to any six parts.(2*6=12)

i. Define the term business
ii. Define term profession.
iii. What is meant by trade?
iv. Write down the types of industry.
v. State the five characteristics of sole readership.
vi. List out any five disadvantage of sole readership.
vii. Define partnership deed.
viii. Define the registration of partnership.
ix. State the liabilities of partners.
Q3: write short answers to any six parts. (2*6=12)
i. Who is a junior partner?
ii. Define senior partner.
iii. State five advantages of a joint stock company.
iv. State the kinds of company’s capital
v. Define deferred shares.
vi. Define dividend.
vii. What is meant by debentures?
viii. Define Share.
ix. What is meant by holding company
Q4: write short answers to any six parts. (2*6=12)
i. What is ordinary resolution
ii. Define corporative society,
iii. What is objective of corporative society?
iv. Define Kind of trade.
v. What is an enquiry letter?
vi. Define credit note.
vii. Define Wholesaler.
viii. Define retailer.
ix. What is meant by invoice?
Q5: Attempt any three long question (3*8=24)
i. Differentiate between Article of Association and Memorandum of
Association.
ii. Define company meeting and explain its kinds.
iii. Write down the characteristics advantages and types of life insurance
iv. Defien advertisement and discuss its merits and demerits.