The Structure in which there is separation of ownership and management is called ______________.

Sole proprietorship

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Partnership

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Company

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All business organisations

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Solution

The correct option is C Company
Company is the form of business organisation in which there is a separation of ownership and management. Company has a separate legal entity from its members. Management professionals of the firm are not considered as the owners of the firm.

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Similar questions

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

(a) Sole proprietorship

(b) Partnership

(d) All business organisations

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