Question

Which form of organization is more complex and involves greater costs?
(a) Company (b) Sole proprietorship
(c) Partnership (d) Hindu undivided family

Answer 1

option (a) company is the right answer

Answer 2

Option (a) Company is the form of organization is more complex and involves greater costs.

Explanation:

The correct answer is Option (a) Company.

The reasons supporting the above mentioned statement.

• From the commencement itself, the company requires a number of documents such as Commencement certificate, Article of Association, Memorandum of association etc.
• The more number of the people is involved in the formation of the company.
• Organizational structure is complex as compared to the other form of the business organizations.