(Consumer co-operatives, Partnership for a fixed period, Sole trading concern, Karta, Secret partner.)

Question

Complete the following table:

(Consumer co-operatives, Partnership for a fixed period, Sole trading concern, Karta, Secret partner.)

Group A	Group B
(i) Apana Bazar	…………………
(ii) …………………	takes utmost care of business in a Joint Hindu Family Firm
(iii) Partnership formed for 6 months	…………………
(iv) …………………	is not known to third parties in a partnership.
(v) No sharing of profits and risks is a feature of	…………………

Answer 1

Group A	Group B
(i) Apana Bazar	Consumer Cooperatives
(ii) ) Karta	takes utmost care of business in a Joint Hindu Family Firm
(iii) Partnership formed for 6 months	Partnership for a fixed period
(iv) Secret partner	is not known to third parties in a partnership.
(v) No sharing of profits and risks is a feature of	Sole Trading Concern