Business Studies, asked by Shal264818, 9 months ago

Explain forms of businesses with their merits & demerits ?

Answers

Answered by nightfury27

1

Explanation:

There are three main types of business organizations: sole proprietorship, partnership and corporation. ... The disadvantages are: personal liability and no possibility for business continuity. A partnership is a business owned by two or more people. The advantages are: shared costs, knowledge and expenses

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