Question

what do you mean by business organizations? explain the different types of business organization.

Answer 1

Answer:

Business organization, an entity formed for the purpose of carrying on commercial enterprise. Such an organization is predicated on systems of law governing contract and exchange, property rights, and incorporation. Business organization. key people.

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Answer 2

what do you mean by business organizations explain the different types of business organization..

There are 4 main types of business organization:

sole proprietorship

sole proprietorshippartnership

sole proprietorshippartnershipcorporation

sole proprietorshippartnershipcorporationLimited Liability Company, or LLC

Below, we give an explanation of each of these and how they are used in the scope of business law