Question

“Radha is in need of more capital and human help for her small boutique”. What form of business she should choose?


A. Company

B. Sole-proprietorship

C. Partnership

D. Joint Hindu Family 

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Answer 1

HELLO DEAR,

“Radha is in need of more capital and human help for her small boutique”. What form of business she should choose is -

A. Company

To run a bontique or shops, Radha have need of more capital or money and human help , for this she have setup a company types work.

Because you know that company is the organisation of selling goods or servises.

I HOPE IT'S HELP YOU DEAR,

THANKS.

Answer 2

Radha should choose a partnership business.

• A partnership is an agreement signed between two individuals such that both contribute to the business, operate and manage it together and also share the profit equally.
• Thereby in this case, both ownership responsibilities and liabilities are shared equally.
• As Radha is in need of more capital, this will be of help as her partner will have to contribute a certain amount towards the business.
• Sole proprietorship is just the opposite of this as here there's only one owner who is responsible for managing and operating the business.