Question

how are forms to ownership in business ?

Answer 1

Answer:

Explanation:

From the standpoint of ownership, business organizations may be of the following types

Sole Proprietorship

Partnership

Answer 2

There are five forms of business ownership.

• The various forms are -

1. Sole proprietorship - It is a for profit enterprise with only a single owner. The owner may work on their own or hire someone to help them.
2. Partnership - It's a profit-making venture in which two or three individuals share the shares. In other forms, each partner is personally liable for all of the company's dues
3. Company - It is a limited-liability corporation with a legal identity distinct from its owners.
4. Cooperative society - It is a form of limited-liability company that may be for-profit or non-profit.
5. State Enterprise - A state-run corporation, state enterprise, or government company is a company that is owned by the government.