As compared to a sole proprietorship and partnership organisation, joint stock company formation is easier.

False

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True

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The structure in which there is separation of ownership and management is called

(a) Sole proprietorship

(b) Partnership

(d) All business organisations

Profits do not have to be shared. This statement refers to

(a) Partnership

(b) Joint Hindu family business

(d) Company

As compared to a sole proprietorship and partnership organization, joint stock company formation is easier.

State True or False. In a joint stock company, the process of formation is easy and faster as compared to sole proporietorship.

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