Which is the main advantage of a Registered firm? - Vidyadip

MCQ

Which is the main advantage of a Registered firm?

A
Can be advertised in a newspaper
✓
legal procedure for debt recovery is possible
C
Relief in taxes
D
Deposits can be accepted

✓

Answer

Correct option: B.

legal procedure for debt recovery is possible

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 "MCQ" 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

Who maintain the infrastructure in the initial years of public-private partnership?

Which word is written at the end of the name of a Private Company with limited liability ?

What happens if the goods are not shifted from bonded go down?

In partnership firm how much capital partners bring ?

How many parties sign an insurance contract?

what is it called when bank lends customer at a time for long period ?

Is not a company’s liability.

Out of which of the following motive partnership is framed?

Which of the following factors of foreign partner is helpful to increase business ?

Where was General Agreement on Trade and Tariff done?