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CLASS 11 BUSINESS STUDIES
Q:- Balram runs a garment shop in a mall. two years back he had taken a load of ₹20 lakhs from HDFC Bank for the renovation of his shop . However, due to his poor health for the past one year his earnings have reduced considerably as he is not able to devote sufficient time to the business. he now plans to sell off his shop . In context of the above case answer the following.
(a.) Indentify the limitation of sole proprietorship form of business organisation being discussed above.
(b.) Describe any two other limitations of this business
(3 marks question)
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