i. A sole proprietorship has _______ owner/owners.  (a) one  (b) two  (c) five

Select the correct answer from the options given below and rewrite the statement:

i. A sole proprietorship has _______ owner/owners. 

(a) one 

(b) two 

(c) five

ii. The head of Joint Hindu Family Business is called as ________ 

(a) Proprietor 

(b) Director 

(c) Karta

iii. Indian Partnership Act was passed in the year ________ 

(a) 1923 

(b) 1932 

(c) 1956

iv. The members of Hindu Undivided Family Business are called _______ 

(a) Karta 

(b) partners 

(c) co-parceners

v. The liability of shareholders in the public limited joint stock company is _______ 

(a) Limited 

(b) Unlimited 

(c) Collective