Complete the sentences

1. Private sector enterprises are owned and managed by the ………….. .
Ans:- Private sector enterprises are owned and managed by the Private entities.

2. There is only one owner in Sole …………………
Ans:- There is only one owner in Sole Trading Concern.

3. A partner who takes active participation in the day to day working of the business is known as……………
Ans:- A partner who takes active participation in the day to day working of the business is known as Active Partner

4. When there is no provision in partnership agreement regarding time period for partnership then it is known as …………………
Ans:- When there is no provision in partnership agreement regarding time period for partnership then it is known as    Partnership at will.

5. The management of JHF business is handled by the ………
Ans:- The management of JHF business is handled by the  Karta

6. The management of co-operative society is based on …………………
Ans:- The management of co-operative society is based on Democratic Principles

7. The rule for voting in co-operative society is ………………….
Ans:- The rule for voting in co-operative society isOne Member One Vote.

8. The rule for voting in Joint stock company is ………………………
Ans:- The rule for voting in Joint stock company is One Share One Vote

9. The face value of the shares of co-operative society is very …………..
Ans:- The face value of the shares of co-operative society is very Less

10. Consumer’s co-operatives are formed by the……………
Ans:- Consumer’s co-operatives are formed by the Consumers

11. Registration of Joint stock company is compulsory according to the Companies Act ………….
Ans:- Registration of Joint stock company is compulsory according to the Companies Act 2013