Business Studies, asked by bhagatharshdeep, 7 months ago

No legal formalities are required to be fulfilled before setting up:
(a) Joint Stock Company
(b) Sole-proprietorship
(c) Partnership
(d) All the above

Answers

Answered by raj12325
4

Answer:

b answer

Explanation:

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Answered by PoojaBurra
1

No legal formalities are required to be fulfilled before setting up Sole-proprietorship

  • Sole-proprietorship is a business entity formed by a single person. He controls and manages various operations of the business
  • Any person willing to start a business can start a business without going through any legal formalities
  • Even though no formalities are required, it also has some basic set of rules. The person must be a citizen and resident of india
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