Question: 3 STUDY THE FOLLOWING CASE OR SITUATION AND EXPRESS YOUR OPINION A. Mr Sawant a Chartered Accountant by Profession and Mr Tambe an Architect by

3 STUDY THE FOLLOWING CASE OR SITUATION AND EXPRESS YOUR OPINION A. Mr Sawant a Chartered Accountant by Profession and Mr Tambe an Architect by profession running a firm Namely ST Firm in Nagpur a. Identify the firm of Business Organisation in the above example. b.Is it a Registered Organisation? c. What is the Profession of Mr Sawant? B. Mr. Raghu is running a business for the last 30 years. This business is an ancestral business. Kishen and Naman are the two sons helping him along with their wives respectively. a. Who is Raghu? b. What are Kiran and Naman called? c. Name the form of the business organization. C. Anurag is selling goods to traders in Japan, Kavita is buying goods from traders in UK, whereas Ganesh is buying raw material from traders in Italy and after processing the raw material, he sells finished goods to traders in Indonesia. a. b. Who is an importer? c. Which of the above trade is an entrepot trade? Who is into export business? D. Mr Pranav is a Tin manufacturer

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!