COMPANY FORM OF ORGANIZATION EMERGED ESSENTIAL BECAUSE OF THE LIMITATIONS OF THE SOLE PROPRIETORSHIP AND PARTNERSHIP FORMS OF ORGANIZATIONS
Question 1. “ Company form of organization emerged essential because of the limitations of the sole Proprietorship and partnership forms of organizations ”. Discuss. Solution: Sole proprietorships and partnerships have the disadvantages of limited resources, unlimited liability, limited managerial skills, etc. The life and stability of these organisations also depend on the life and stability … Read more