Question

Der runs a successful commercial taxi business in Bengaluru. Private commuters, tourists
and business clients are among his customers. Dev has also operates a daily bus service
between Bengaluru and Mysore, which has proved to be the most popular service
provided by his business to commuters
. He is currently operating as sole proprietor
,
However, he is considering the option of entering into a partnership with his friend
Natasha, who is physically challenged. Natasha is very good at managing company's
accounts but is unable to find a job.
(a) While plying, the engine of one of the cars caught fire and was damaged. Name
and briefly explain the type of risk.
(b) Which objective of the business has Dev achieved by including Natasha in his
business?
(c) What should Dev do to avoid the unlimited liability of the business without inviting
Sariy pasiner d with CamScanner
(d) Define the form of business organisation which Dev is currently operating
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Answer 1

Answer:

fixed capital and working capital