Give me a bibliography on 'sole properiotership''industries and its types'and 'bank and types of bank account'?
Answers
Answer:
SOLE PROPRIETORSHIP:
The sole proprietorship is both the simplest and most common type of business operating in the United States today.
Most businesses that are owned and operated by one person take this form; in fact, small business owners who have sole ownership of their enterprises are automatically categorized under this business type if they do not take steps to legally establish themselves as another type of business.
The essential feature of a sole proprietorship is that the law makes no distinction between the person, the sole proprietor, and the business. Virtually all of the legal and tax consequences associated with sole proprietorships flow from this basic fact.
INDUSTRIES AND ITS TYPES:
There are four types of industry. These are primary, secondary, tertiary and quaternary. Primary industry involves getting raw materials e.g. mining, farming and fishing.
There are five main types of industries and they are the primary, secondary, tertiary, quaternary, and quinary. The main types of industries are the primary, secondary, and tertiary. Primary industries- focus on the gathering of raw materials. Examples are mining for coal or iron, agriculture, forestry, etc.
BANKS AND ITS TYPES:
• Commercial Banks: These banks play the most important role in modern economic organisation. ...
• Exchange Banks: Exchange banks finance mostly the foreign trade of a country. ...
• Industrial Banks: ...
• Agricultural or Co-operative Banks: ...
• Savings Banks: ...
• Central Banks: ...
• Utility of Banks:
A bank is a financial institution licensed to receive deposits and make loans. ... There are several different kinds of banks including retail banks, commercial or corporate banks, and investment banks. In most countries, banks are regulated by the national government or central bank.
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Answer:
Sole proprietorship refers that form of business organisations which is owned, managed and controlled by a single individual, who is totally responsible for its business and receives all profit and losses.
A bank is an institution which accepts deposits and withdrawal by cheque and makes loans and advances for the purpose of earning profit.
TYPES OF BANKS :
1.Comercial Banks
2.Industrial Development Banks
3.Agricultural Or Land Development Banks
4.Co-Operative Banks
5.Central Banks
6.Exim Banks.
Explanation: