Question

which of the following is not private undertaking​

Answer 1

Answer:

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Explanation:

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Answer 2

Correct question:

which of the following is not a private undertaking​?

(i) Partnership

(ii) Departmental undertaking

(iii) Joint-stock company

(iv) Sole trade.

(ii) Departmental undertaking is not a private undertaking​.

(ii) Departmental undertaking:

The most prevalent and well-established method of establishing public firms is through departmental undertakings.

Explanation for incorrect answer:

(i) Partnership:

The term "partnership" is used to describe a business arrangement in which two or more people join forces to conduct a legal business and agree to split the profits and losses. So this is the wrong answer.

(iii) Joint-stock company:

A joint-stock company is a corporation owned by its shareholders, with each shareholder owning a share proportional to the number of shares acquired. So this is the wrong answer.

(iv) Sole trade:

A sole trader is a person who operates a business solely for his or her own benefit; he is not merely the owner of the undertaking's capital. So this is the wrong answer.

As a result, a Departmental undertaking is not a private undertaking.

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