Commercial Organization in India Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. As the eldest member of your family's Hindu undivided family business, you assume this role:

Question 2 2. Members of a cooperative society business structure in India put _____ over profits.

Question 3 3. If you own shares in a business, you are part of this type of business structure.

Question 4 4. In India, a business venture among relatives is known as what type of structure?

Question 5 5. How does a partnership business structure differ from a sole proprietorship?

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Question 6 6. How are economic activities different from non-economic activities?

Question 7 7. Which of these is a specific requirement in a profession?

Question 8 8. An person seeking employment receives their duties assigned by the _____.

Question 9 9. Which of these scenarios represents a non-economic activity?

Question 10 10. Which of these would be considered an economic activity?

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Question 11 11. Business activities, at their foundation, are concerned with what?

Question 12 12. Which type of aid to trade is focused on helping consumers learn more about a product?

Question 13 13. How are industries classified?

Question 14 14. Which area of business activities is focused on facilitating the selling of goods?

Question 15 15. How are the areas of business activities (industry, commerce and trade) related?

Commercial Organization in India Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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