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Question
Select the correct option:
| A | B |
| Forms of business organisation | ______________ |
Options
Public company
Private Company
Co-operative Society
Partnership Firm
Sole Trading concern
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Solution
| A | B |
| Forms of business organisation | Sole Trading concern |
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RELATED QUESTIONS
State True or False:
Sole trader is the decision-maker of the business.
State True or False:
Sole trading concern operates in local markets.
State True or False:
Sole proprietorship is useful for small business.
Complete the sentence.
There is only one owner in _____________
Select the correct option:
| A | B |
| Minimum 2 and maximum 50 | ______________ |
Correct the underlined word and rewrite the following sentence.
There is less secrecy in Sole Trading concern.
Distinguish between Sole Trading Concern and Partnership Firm.
Answer in brief.
State any four features of Sole Trading Concern.
Justify the following statement.
Sole proprietorship is useful for small business.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
What does unlimited liability mean for a sole proprietor?
Which statement describes a market limitation of a sole trading concern?
Which reason makes a sole trading concern unsuitable for large-scale operations?
