The structure of an organisation 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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cooperative society

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Solution

The correct option is C company
Company is a form of business organisation in which there is a separation of ownership and management. Company as a legal person has a separate entity different from its members and is managed by the Board of Directors elected by the shareholders.

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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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