POC I Time 2 hrs

SHORT ANSWER QUESTIONS

1. List the different kinds of companies and difference between public and private company. 4
2. Define partnership deeds and its contents. 4
3. What are the rights and duties of the partner? 8
4. Compare partnership with sole proprietorship with advantages and disadvantages. 8
5. Why sole proprietorship is most common in Pakistan. 8
6. What are the qualities of a good business man? 8

LONG ANS QUESTIONS any 3

1. Describe the procedure of incorporation of a joint stock company OR what are the problems of
starting a new business 12
2. Describe the characteristics of joint stock company 12
3. Describe the characteristics of good business letter 12
4. Describe the procedure of export trade and list the documents used.12

POC I Time 2 hrs

SHORT ANSWER QUESTIONS

7. List the different kinds of companies and difference between public and private company. 4
8. Define partnership deeds and its contents. 4
9. What are the rights and duties of the partner? 8
10. Compare partnership with sole proprietorship with advantages and disadvantages. 8
11. Why sole proprietorship is most common in Pakistan. 8
12. What are the qualities of a good business man? 8

LONG ANS QUESTIONS any 3

5. Describe the procedure of incorporation of a joint stock company OR what are the problems of
starting a new business 12
6. Describe the characteristics of joint stock company 12
7. Describe the characteristics of good business letter 12
8. Describe the procedure of export trade and list the documents used.12