Types of Business Organizations Quiz - CBSE Class 11 Business Studies

Free practice quiz: Types of Business Organizations (CBSE Class 11 Business Studies). 26 multiple-choice questions with answers and explanations. Play online, no sign-up needed.

Sample questions

1. Which of the following is a characteristic of a sole proprietorship?

   1. Limited liability
   2. Single ownership
   3. Separate legal entity
   4. Continuity of existence
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   Answer: B. Single ownership

2. Which business structure is characterized by a separation of ownership and management?

   1. Sole Proprietorship
   2. Partnership
   3. Corporation
   4. Joint Venture
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   Answer: C. Corporation

3. Which of the following is not a type of business organization?

   1. Sole Proprietorship
   2. Partnership
   3. Corporation
   4. Association Football
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   Answer: D. Association Football

4. In a cooperative, who primarily runs the organization?

   1. Board of Directors
   2. Shareholders
   3. Members
   4. A single manager
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   Answer: C. Members

5. What document is necessary for forming a corporation?

   1. Partnership Agreement
   2. Business License
   3. Articles of Incorporation
   4. Tax Registration
   Show answer

   Answer: C. Articles of Incorporation

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