CBSE > Class 11 > Business Studies | CBSE Board | Homework Help

Unlimited liability, which typically exists in general partnerships and sole proprietorships, indicates that whatever debt accrues within a business – whether the company is unable to repay or defaults on its debt – each of the business’ owners is equally responsible and personal wealth could reasonably be seized to cover the balance owed.

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Yogita Ingle 6 years, 11 months ago

Unlimited liability refers to the legal obligations general partners and sole proprietors because they are liable for all business debts if the business can’t pay its liabilities. In other words, general partners and sole proprietors are responsible for paying off all of the company debts personally if the company can’t make its payments.

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What is meaning of secrecy ?

Posted by Baby Mishra 6 years, 11 months ago

CBSE > Class 11 > Business Studies

2 answers

Anurag Patidar 6 years, 11 months ago

Secracy in business means keeping the business works secret to the external users of business

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Sakshi Sharma ??️??️??️ 6 years, 11 months ago

being secret or keeping something secret

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Kanishka is a student of 11th class. She has full knowledge of all characteristics of business, she is advising one of his friends that'business is a bed of roses 'so there is no harm in adopting it as a career. Do you think this is right in saying so?give reasons

Posted by Aashma Choudhary 6 years, 11 months ago

CBSE > Class 11 > Business Studies

2 answers

Priyanshu Shukla 6 years, 11 months ago

No Because future is uncertain and risk is not separable Hence risk is always present in business

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Akash Bandya 6 years, 11 months ago

Gappp

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How the issuing of shares effect on borrowing capacity of the company?

Posted by Astha Singh 6 years, 11 months ago

CBSE > Class 11 > Business Studies

0 answers

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Explain any four characteristics of business activity

Posted by Rakshith T.S 6 years, 11 months ago

CBSE > Class 11 > Business Studies

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Case studies of chapter 1

Posted by Lata Goyal 6 years, 11 months ago

CBSE > Class 11 > Business Studies

0 answers

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Project for chapter no.1

Posted by Jeevan Chauhan 6 years, 11 months ago

CBSE > Class 11 > Business Studies

0 answers

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Help me in making project on international business

Posted by Khushboo ?? 6 years, 11 months ago

CBSE > Class 11 > Business Studies

0 answers

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Full form of CFR

Posted by Neeru Sharma 6 years, 11 months ago

CBSE > Class 11 > Business Studies

1 answers

Aayush Goyal 6 years, 11 months ago

Cost and frieght

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Functions of chamber of commerce

Posted by Neeru Sharma 6 years, 11 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 6 years, 11 months ago

The Chamber of Commerce and Industry was formed as an association of business and industrial houses to promote and protect their common interest and goals. There are other chambers also like ASSOCHAM, Confederation of Indian Industry (CII). These chambers interact with the government at different levels to reorient or put in place polices which reduce hindrances, increase interstate movement of goods in internal trade.
The chambers also aims at erecting sound infrastructure and simplying and harmonising the tax strcuture. They work for the following issues:
1. Transportation or Inter-state movement of goods : They work for many activities involved in inter-state movement of goods including registration of vehicles, surface transport policies, construction of highways and roads etc.
2. Octroi and other local levies : Octroi and local taxes are the important sources of revenue of the local government. The chambers tries to should ensure that their imposition not at the cost of smooth transportation and local trade.
3. Harmonisation of sales tax structure and Value Added Tax : These Chambers play an important role in interacting with the government to harmonise the sales tax structure in different states. A rational strcuture of the sales tax and its unifrom rates across states are important for promoting a balance in trade.
4. Marketing of agro products and related issues : The associations of agriculturists and other federations play an important role in the marketing of agro products. Chambers of Commerce helps in streamlining of local subsidies and marketing policies of organisations selling agro products.

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Project on banking

Posted by Preeti Singh 6 years, 11 months ago

CBSE > Class 11 > Business Studies

2 answers

Nikhil Khurana 5 years, 5 months ago

yes

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Khushboo ?? 6 years, 11 months ago

Take help from Poonam Gandhi of 11 th in last of the book it is given .

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What we should write in project history of business ? Any suggestions?

Posted by Tanya Choudhary 6 years, 11 months ago

CBSE > Class 11 > Business Studies

0 answers

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What is insurance.?

Posted by Honey Garg 5 years, 8 months ago

CBSE > Class 11 > Business Studies

1 answers

Aditya Sharma 6 years, 11 months ago

It is an agreement in writing, in which the insurer make good the loss incurred by insured on the subject matter of policy...

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what is flotation of company?

Posted by Rahul Rahul 6 years, 11 months ago

CBSE > Class 11 > Business Studies

0 answers

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How equity and preference shares work

Posted by Shivani Rana 6 years, 11 months ago

CBSE > Class 11 > Business Studies

1 answers

Kirti Kumari 6 years, 11 months ago

Actually in short discription we can say that these are the smallest unit of capital from the general public which helps to company for making transaction and for expand, growth of company....whenever the profit is earned ,the equal ratio is given to the shareholders.......

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What is duty drawback

Posted by Gaurav Kumar 6 years, 11 months ago

CBSE > Class 11 > Business Studies

1 answers

Kirti Kumari 6 years, 11 months ago

Duty drawback is a versatile trade program established in the United States in order to allow US Importers, Manufacturers, and Exporters an opportunity to be more competitive on the global market. While the importers may or may not be the same party as the manufacturer or even the exporter, there may be an opportunity for any party along the supply chain to benefit from duty drawback.

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Which document specifies that dock dues have been paid?

Posted by Gaurav Kumar 6 years, 11 months ago

CBSE > Class 11 > Business Studies

2 answers

M.Pragathesh 2002 6 years, 11 months ago

Bill of lading

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Kirti Kumari 6 years, 11 months ago

What is dock..?

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What is the face value of equity shares of SBI bank....???

Posted by Kirti Kumari 6 years, 11 months ago

CBSE > Class 11 > Business Studies

0 answers

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how is intra B commerce helpful for organisation

Posted by Palak Chawda 6 years, 11 months ago

CBSE > Class 11 > Business Studies

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how is C2C commerce helpful for the organisation?

Posted by Palak Chawda 6 years, 11 months ago

CBSE > Class 11 > Business Studies

0 answers

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how is B2C commerce helpful for businessmen and consumer?

Posted by Palak Chawda 6 years, 11 months ago

CBSE > Class 11 > Business Studies

0 answers

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how is B2B commerce helpful for businessmen?

Posted by Palak Chawda 6 years, 11 months ago

CBSE > Class 11 > Business Studies

0 answers

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Which type of organisation has a disadvantage namely no benefit to poor people?

Posted by Bhuvesh Goyal 6 years, 11 months ago

CBSE > Class 11 > Business Studies

0 answers

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What are the various schemes and ways to fund startup by government of india ?

Posted by Ridhima A 6 years, 11 months ago

CBSE > Class 11 > Business Studies

1 answers

Sandy S 6 years, 11 months ago

Venture capital Angle investors Government funding Crowd funding Banks

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What is octroi

Posted by Chandan Gupta 6 years, 11 months ago

CBSE > Class 11 > Business Studies

1 answers

Gaurav Seth 6 years, 11 months ago

Octroi charges are levied by state governments when product enters the state. It is a charge for allowing transit of good through the jurisdiction. Any Octroi charges asked by the Courier company is payable by the Customer. Courier company will collect the Octroi amount from the recipient at the time of delivery

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Explain in brief three objectives of public sector

Posted by Saikumar Sutar 6 years, 11 months ago

CBSE > Class 11 > Business Studies

1 answers

Yogita Ingle 6 years, 11 months ago

Releasing the large amount of public resources locked in non-strategic public sector enterprise, so that they may be utilised on other social priority areas like basic healthcare, family welfare and primary education.
Reducing the huge amount of public debt and interest burden.
Transferring the commerical risk to the private sector so that the funds are invested in able projects.
Freeing these enterprises from government control and introduction of corporate governance.

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Explain any two business activities which are auxiliaries to trade ?

Posted by Kanak Jain 6 years, 11 months ago

CBSE > Class 11 > Business Studies