9. PAYAL OPENED A BEAUTY SPA. DESPITE A LOT OF COMPETITION, HER BUSINESS HAS GROWN
FROM A SMALL SALOON TO A BEAUTY SPA AND CLINIC AND SHE WAS EARNING A GOOD
PROFIT. ALL THE PROFIT WENT INTO HER POCKET. IT WAS EASY FOR HER TO OPEN THE
SALOON AND SHE DID NOT FACE ANY TYPE OF PROBLEM OPENING THE SALOON. THE
BUSINESS WAS RUNNING WELL IN THE BEGINNING BUT SOON PAYAL GOT A SCHOLARSHIP TO
STUDY ABROAD. SHE DECIDED TO TAKE UP THE SCHOLARSHIP AND CLOSE DOWN THE
BUSINESS
a IDENTIFY THE FORM OF BUSINESS ORGANIZATION DISCUSSED ABOVE.
b EXPLAIN ANY THREE FEATURES OF THIS FORM OF BUSINESS ORGANIZATION IDENTIFIED
IN (a) BY QUOTING LINES FROM THE ABOVE PARA
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identify fro above this
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