Question

In which form of business, the entrepreneur has the right of to sell any assets a) partnership b) proprietorship c) limited liability company d) cooperative ki​

Answer 1

Answer:

An entrepreneur into the hosiery business found out the reason his hosiery was not selling ... the entrepreneur has the right to sell any assets.

Explanation:

Answer 2

Concept Introduction: All businesses run in Profit and Losses.

Explanation:

We have been Given: In which form of business, the entrepreneur has the right of to sell any assets a) partnership b) proprietorship c) limited liability company d) cooperative

We have to Find: The Correct answer.

The correct option is Option No. B, Proprietorship. Sole proprietorship is the simplest and the oldest form of business under which an individual is able to conduct business. It does not need to be registered or incorporated. Therefore, it is not considered as a legal entity. Sole proprietorship can be operated under the name of the owner or some fictitious name. It is one of the most common forms of business structure that is found in India. It is regarded as an ideal choice for conducting small or medium-sized business.

Final Answer: In a proprietorship, the Entrepreneur has the right to sell all the asssets.

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