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TextBook Solutions for Tripura Board Class 11 Business Studies Business Studies Chapter 2 Forms Of Business Organization
Question 1
Give the meaning of a sole proprietorship organization.
Solution
Sole proprietorship is the form of business which is owned, managed and controlled by an individual.
According to S. R. Davar, 'The sole trader is a person who carries on business of his own, that is, without the assistance of a partner. He brings in his own capital and uses all his labour.'.
According to S. R. Davar, 'The sole trader is a person who carries on business of his own, that is, without the assistance of a partner. He brings in his own capital and uses all his labour.'.
Question 6
Question 8
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Mock Test Series
Mock Test Series