Question

Business does not enjoy perpetual succession (a) Partnership (b) Hindu undivided family business (c) Company (d) Cooperative Societies​

Answer 1

Answer:

Sole Proprietorship.

Explanation:

Because,perpetual succession means continuous without any stoppage. In case of a sole proprietorship there is only one person and the business comes to and end if the owner dies because he is the only owner. Hence, sole proprietorship does not have perpetual succession.

Sayed Muhammad Ayaan

Answer 2

We are provided with four different types of businesses and we are asked which of the businesses provided do not enjoy perpetual succession. The business which does not enjoy perpetual succession is (a) Partnership.

• Perpetual succession means that the persons will come and go, but the business will go on forever.
• So this factor is possible when the business is run by different people.
• Like in the company the members who are the shareholders are the true owners but the business is run by the board of directors.
• So even though the owners will keep changing the company will go on for a very long time.
• This is a similar case to cooperative societies.
• Even in the Hindu undivided family, the family is run by family members.
• So the family people will continue to run the business.
• In the case of partnership when the partner retires or dies the partnership has to be wound up.
• So a) Partnership will be the correct answer.

PROJECT CODE: #SPJ2

For more questions like the above please refer to:

1. https://brainly.in/question/15785207

2. https://brainly.in/question/10932567