Question

What is excluded from the major forms of business ?

Sole proprietorshi
partnership
creditorship
Cooperative

Answer 1

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➡️Sole Proprietorshi

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Answer 2

Answer:

The correct answer is Sole proprietorship

Explanation:

A sole proprietorship is a business that may be owned and managed through an individual, a business enterprise or a restrained legal responsibility partnership. There are not any companions within the enterprise. The felony status of a sole proprietorship can be defined as follows: It isn't always a separate criminal entity from the commercial enterprise proprietor.

Advantages of a sole proprietorship

• Taxes: You don't need to separate taxes for your business. ...
• Maintenance: A sole proprietorship is easier to start and maintain than a registered business. ...
• Control: The sole proprietor has complete control and decision-making power over the business.

What is excluded from the major forms of business ?

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