Business Studies · Forms of Business Organisation

'Profits do not have to be shared.' This statement refers to which form of business organization?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Partnership
2Sole Proprietorship✓
3Joint Hindu Family Business
4Joint Stock Company

Correct answer

Sole Proprietorship

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'Profits do not have to be shared.' This statement refers to which form of business organization?

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'Profits do not have to be shared.' This statement refers to which form of business organization?

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