59. One of the following is not a function of retail building
(A) Joint ventures
(B) Accepting fixed deposit
(C) Giving education loan
(D) Giving home loan
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Answer:
B.
Explanation:
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Joint Venture is not a function of the retail building.
- The term retail typically describes the selling of commodities to the general public for their personal use.
- Retail structures are often referred to as shops, but they can capture a variety of standardized types, such as town center shops and supermarkets.
- Whereas, a joint venture is a business partnership form where over two firms provide consent to combine the assets/funds for a particular mission.
- This assignment could be a recent project or something else entirely, thus it is not counted as a function of the retail building.
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