Forms of Business Organisation-1 — OCM STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceOCMForms of Business Organisation-12 Marks
Question
State the forms of sole proprietorship.
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Answer
Sole proprietorship is such a form as the management, ownership and control of business is under one person. One and the only person establish, invest and start business. He fulfills the work of purchase and sale. He bears profit and loss of business and develops and expands business.
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