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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

For which of the following types of business do you think a sole proprietorship form of organisation would be more suitable, and why? Grocery store Medical store Craft centre Legal consultancy - Commerce

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Question

For which of the following types of business do you think a sole proprietorship form of organisation would be more suitable, and why?

  1. Grocery store
  2. Medical store
  3. Craft centre
  4. Legal consultancy
  5. Internet cafe
Short/Brief Note
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Solution

The grocery store is more suitable for sole proprietorship business because of limited risk and less educated or uneducated can start the business.

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Chapter 4: Sole Proprietorship - Exercises [Page 28]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 4 Sole Proprietorship
Exercises | Q II. 4. | Page 28
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