Question

explain the features of an ideal form of business organization. which form can be considered to be an ideal in all respects?
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Answer 1

Explanation:

• In terms of risk,and ideal for me of organisations will have limited liability .
• so the liability of the owners is only limited to their contribution of teg capital.
• on the other hand some forms of organisations have unlimited liability.
• And the owner are liable even beyond their contribution to company

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Answer 2

An ideal form of organisation is one which can be brought into existence with the least difficulty, i.e., in the form of least expenses in formation and minimum legal formalities. (ii) Ease of financing: Another important feature of a good form of organisation is the facility of raising the required amount of capital.