BEE-Darshan

1. Business started by one person- sole proprietor
2. The business is not managed by the employees.
3. Not suitable for mfg. steel
4.  Shopkeepers  are mostly sole proprietors.
5. No risk is shared by the employees.
6. page 24
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8. In HUF( Hindu undivided family) business
9. Anybody cannot be a member.
10. The manager is the Head of the family
11. known as KARTA.
12. Business will be continued  even on co-parcener's daeth.
13. member of the HUF. Only male member from birth. Parcener.
14. It can continue even on the death of the Karta. The eldest family member will become the Karta.
15. HUF. comes into existence by the
16. Hindu Inheritance law.
17. http://www.lawyersclubindia.com/articles/Inheritance-under-Hindu-Law--4148.asp#.UKNhO4dfGa8
18. http://en.wikipedia.org/wiki/Hindu_Undivided_Family
19. page 26
20. http://www.assettreat.com/2011/01/complete-information-on-hindu-undivided.html

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2. page 30
3. Partnership firm requires atleast TWO persons.
4. Partners liable JOINTLY AND SEVERALLY  liable for the debts of the firm.
5. Registration is NOT COMPULSORY.
6. CONTRACTUAL RELATIONS between partners,
7. The owner in the partnership business is
8. known as PARTNER.
9. The business is collectively known as
10. FIRM.
11. http://www.mca.gov.in/Ministry/actsbills/pdf/Partnership_Act_1932.pdf
12. http://www.mponline.gov.in/Quick%20Links/FirmsAndSociety/IPA1932English.pdf
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14. Page 33
15. The company has PERPETUAL succession.
16. It is managed by DIRECTORS.
17. elected  by shareholders.
18. If the area of operation is WIDE the company form is preferred.
19. Shares of Joint stock company  may be LISTED in the stock market.
20. http://www.advocatekhoj.com/library/bareacts/companies/index.php?Title=Companies%20Act,%201956
21. http://www.vakilno1.com/bareacts/companiesact/companiesacts.htm
22. http://jointstockcompany.net/
23. http://en.wikipedia.org/wiki/List_of_companies_of_India
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25. Page 40
26.  members get  a fixed rate of dividend from profits.  No not at all.
27. http://www.indiankanoon.org/doc/1987748/
28. Society can enter into contracts without the consent of all members. correct.
29. Society has a VOLUNTARY life.
30. Membership is OPEN to all.
31. Primary motive  is to SERVE AND BENEFIT the members.
32. Minimum number of persons required to form a co-operative society. is 10 TEN
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34. Page 59
35.  Scale of business.
36. Public sector. three forms of organization.
37. Departmental, Statutory and Govt. company.
38. Is micro and small enterprise same? No.
39. http://msme.gov.in/
40. http://www.and.nic.in/C_charter/indust/msmeact2006.pdf
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42. Page 117
43. http://en.wikipedia.org/wiki/Ratio_decidendi
44. Customs HAVING sanction are those customs which are enforced by the state.
45. principle of Judicial decision only authorization is known as Ratio Decidendi.
46. A custom to be valid be proved to be immemorial but may not be ancient is not correct. it is False.
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