FORMS OF BUSINESS ORGANIZATIONS

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Across
  1. 4. ALL MEMBERS HAVE EQUAL OWNERSHIP RIGHT OVER THE PROPERTY OF AN ANCESTOR.
  2. 5. Likes to chase mice
  3. 8. SYSTEM PREVAILS IN REST OF INDIA.
  4. 9. IN THE EYES OF LAW NO DISTINCTION IS MADE BETWEEN THE SOLE TRADER AND HIS BUSINESS.
  5. 10. Man's best friend
  6. 12. SYSTEM PREVAILS IN WEST BENGAL.
  7. 13. GOVERNED BY HINDU SUCCESSION ACT, 1956.
  8. 14. THE INCLUSION OF AN INDIVIDUAL INTO BUSINESS IS BY BIRTH.
  9. 15. A DIRECT REWARD FOR RISK BEARING BY SOLE TRADER.
  10. 17. THERE IS HARDLY ANY LEGAL FORMALITIES TO START A SOLE PROPRIETARY BUSINESS.
Down
  1. 1. LIABILITY OWNER IS PERSONALLY RESPONSIBLE FOR PAYMENT OF DEBTS IN CASE THE BUSINESS ASSETS ARE NOT SUFFICIENT TO MEET ALL THE DEBTS.
  2. 2. POPULAR FORM OF BUSINESS ORGANISATION AND IS THE MOST SUITABLE FORM FOR SMALL BUSINESSES.
  3. 3. IS A SPECIFIC FORM OF BUSINESS FOUND ONLY IN INDIA.
  4. 6. Large marsupial
  5. 7. Has a trunk
  6. 11. THE BUSINESS IS CONTROLLED BY THE HEAD OF THE FAMILY WHO IS ELDEST MALE MEMBER.
  7. 16. Flying mammal