Question

The structure in which there is separation of ownership and management is called (a) Sole proprietorship (b) Partnership (c) Company (d) All business organisations

Answer 1

Answer:

Among the given options option (c)  COMPANY is the correct answer.  

The structure in which there is separation of ownership and management is called : Company  

Explanation:

Company can be classified as follows :  

• Private company , PUBLIC company,  ONE person company.
• Private companies can be formed with two members and there cannot be more than 200 members.
• Public company must have at least seven members with no limit to maximum members maximum members.

HOPE THIS ANSWER WILL HELP YOU…

Here are some more questions from the chapter :  

Compare the status of a minor in a Joint Hindu family business with that in a partnership firm.

https://brainly.in/question/367782

If registration is optional, why do partnership firms willingly go through this legal formality and get themselves registered? Explain.

https://brainly.in/question/5389329