IT IS A PRESENTATION FOR STUDENTS TO GET A EASY KNOWLEDGE ABOUT FORMS OF BUSINESS ORGANISATION.....AND I HOPE IT WILL HELP MOST OF THE STUDENTS

2.  THE FORM OF BUSINESS
ORGANISATION DETERMINES ITS
EXTERNAL EXISTANCE AND THE OTHER
PAERTIES RECOGANISE IT THROUGH
THIS EXISTANCE.
BUSINESS IS MANEGED BY MANY
PEOPLE COLLECTIVELY IN THE FORM
OF PATNERSHIP , WHILE SOME ARE RUN
IN FORM OF JOINT STOCK COMPANY.

6. 1) QUICK DECISION
2) BENEFIT OF SECRECY
3) DIRECT MOTIVATION
4) PERSONAL CONTROL
5) EASY FORMATION

7.  LIMITED SOURCE OF CAPITAL
 UNSTABLE EXISTANCE
 UNLIMITED LIABILITES
 UNBALANCED MANAGEMENT

8. IT REFERS TO
THAT
ORGANISATION
IN WHICH TWO
OR MORE THAN
TWO PERSONS
WILLINGLY JOIN
AND AGREE TO
RUN SOME
LAWFUL

10.  EASY FORMATION
 BALANCED DECISION
 MORE FINANCIAL RESOURCES
 DIVISION OF RISK
 SECRECY

11.  UNLIMITED LIABILITIES
 LIMITED RESOURCES
 LACK OF HARMONY
 LACK OF CONTINUITY
 LACK OF PUBLIC FAITH

12.  (A) FULL-FLEDGED PARTNERS
 ACTIVE PARTNERS
 SLEEPING OR DORMANT PARTNERS
 SECRET PARTNERS
(B) NOT FULL-FLEDGED PARTNERS
 NOMINAL PARTNER
 PARTNER BY ESTOPPEL OR HOLDING
OUT
 LIMITED PARTNER

13.  MINOR PARTNER
 PARTNERS IN PROFIT ONLY
THE FORM OF BUSINESS ORGANISATION
IS IS THE BEST WHEN THE BUSINESS
HAPPENS TO BE OF MEDIUM SIZE AND
THE PARTNERS HAVE MUTUAL
UNDERSTANDING AND GOODWILL.

14.  IT REFERS TO AN
AGREEMENT
WHICH SPECIFIES
THE TERMS AND
CONDITIONS THAT
GOVERN THE
PARTNERSHIP

15.  THE FOLLOWING CONTENT SHOULD
MUST BE NECESSARILY BE INCLUDED IN
THE DEED
 NAME AND ADDRESS OF THE FIRM
 NAMES AND ADDRESS OF THE
PARTNERS
 DURATION OF PARTNERSHIP
 NATURE AND SCOPE OF THE FIRM’S
BUSINESS
 CONTRIBUTION OF CAPITAL BY
PARTNER
 PROFIT AND LOSS RATIO
 COMMISION AND SALARY OF PARTNERS

16.  DRAWINGS AND INTEREST ON IT
 AUDIT OF BOOKS AND ACCOUNTS
 RIGHTS, DUTIES AND LIABILITIES OD
PARTNERS
 ADMISSION AND RETIREMENT OF
PARTNERS
 VALUATION OF GOODWILL
 DISSOLUTION OF PARTNERSHIP
 DEATH OF A PARTNER AND HIS
SUCCESSION
 LOAN TO AND BY PARTNERS
 VIOLATION OF PARTNERSHIP RULES
 ARBITRATION CLAUES

17.  BENEFITS TO FIRM
 BEBEFITS TO PARTNERS
 BENEFITS TO INCOMING PARTNERS
 BENEFITS TO OUTGOING PARTNERS