1. The structure in which there is separation of ownership and management is called.
a) Sale proprietorship
b) Partnership
c) Company
d) All business organizations
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Hey mate,
Here's your answer.. ☺
⏩Company is a form of business organisation in which there is a separation of ownership and management.
⏩Company as a legal person has a separate entity different from its members and is managed by the Board of Directors elected by the shareholders.
Hope it helps. ❤
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