The choice of an appropriate form of business organisation largely depends upon: I. Ease of formation II. Continuity and stability III. Liability aspects
A
I and II
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B
II and III
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C
I and III
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D
I, II and III
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Solution
The correct option is C I, II and III Whenever a business organisation is formed it always focuses on the following points :
Ease of formation.
Continuity and stability.
Liability aspects.
If these points are found in the business organization a busness can be efficiently managed.