Question

In ________, the death of entrepreneur results in the termination of the venture.

Answer 1

Answer:

In , the death of entrepreneur results in the termination of venture. a. Proprietorship b. Limited company c. Limited partnership

Explanation:

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Answer 2

In proprietorship, death of entrepreneur results in the termination of the venture.

Proprietorship refers to the right of holding a business or property, or it is a type of business where the business is owned and run by a single individual, or household.

It is concurrently used with the term sole proprietorship, entrepreneurship and tradership.

As there is no government regulation involved, it is easy to setup and dismantle and is considered as one of the simplest and easiest form of business entity.