State True or False for the following sentences

Sole trader is the decision maker of the business
Ans:- True
Sole trading concern operates in local market
Ans:- True
Sole proprietorship is useful for small business
Ans:- True
The liability of KARTA is unlimited.
Ans:- True
The maximum number of members is unlimited in Joint Hindu Family Firm
Ans:- True
Joint Stock company can raise huge amount of Capital
Ans:- True
There is a separation of ownership & management in Joint Stock Company
Ans:- True
Board of Directors manage the business of Joint Stock Company
Ans:- True
Partnership agreement may be oral or written
Ans:- True
In partnership firm, the liability of every partner is limited, joint & Several
Ans:- False
The main motto of co-operative society is to render services to its Shareholders.
Ans:- False
The membership of a co-operative society is Compulsory
Ans:- False