4. What are the four forms of business organisations based on ownership?
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Explanation:
- Forms of Business Organisation – Sole Proprietorship, Partnership Firm, Limited Liability Partnership, Joint Stock Company and One Person Company (With Merits and Demerits)
Form # 1. Sole Proprietorship:
Form # 1. Sole Proprietorship:Form # 2. Partnership Firm:
Form # 1. Sole Proprietorship:Form # 2. Partnership Firm:Form # 3. Limited Liability Partnership (LLP):
Form # 1. Sole Proprietorship:Form # 2. Partnership Firm:Form # 3. Limited Liability Partnership (LLP):Form # 4. Joint Stock Company:
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