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Forms Of Business Organization

Question

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Which is not the merit of sole proprietorship?
Quick Decision
Easy to Establish
Personal Control
Unlimited Liability

Solution

D.

Unlimited Liability

Some More Questions From Forms of Business Organization Chapter

What is the meaning of a Joint Hindu Family business.

Can a minor become a member of Joint Hindu Family?

What is the meaning of Partnership organization?

Can a Partnership firm have a minor partner ?

Define partnership deed.

What do you understand by co-operative society?

Define company.

What do you understand by a Private Company?

What do you understand by a Public Company?

Under what circumstances, is a partnership form of business organisation suitable ?

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