Businesses providing direct services like tailors, restaurants and professional services like doctors, lawyers are generally organized as _____________.

Proprietary concerns

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Trust

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Co-operative society

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Any of the above

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Solution

The correct option is A Proprietary concerns
Proprietary concern refers to the business which are run by one man and has no separated legal entity. Therefore, all the direct services business are proprietary in nature as they require close attention of the owners of the business.

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Businesses providing direct services like tailors, restaurants and professional services like doctors, lawyers are generally organized as _____________.

The correct option is A Proprietary concernsProprietary concern refers to the business which are run by one man and has no separated legal entity. Therefore, all the direct services business are proprietary in nature as they require close attention of the owners of the business.

The correct option is A Proprietary concerns
Proprietary concern refers to the business which are run by one man and has no separated legal entity. Therefore, all the direct services business are proprietary in nature as they require close attention of the owners of the business.