Question

Arihant has started his own coaching centre after retirement. He is
very happy doing this business as he can carry out his plans without any
interference from others and moreover, there is no separate law that
governs his business.
In context of the above case:
(a) Identify the form of business organisation under which Arihant
has promoted his business.
(b) State any one merit of form of business organization as identified
in part(a) of the question which have not been mentioned in the
above paragraph.​

Answer 1

Answer:

a) Sole Proprietor (private Form of Business)

b) Merit :- Quick Decision Making