NextQ215

Give the meaning of 'Implied Authority' and 'Mutual Agency' as characteristics of a partnership form of business organisation. State any two characteristics of partnership which overcome the inherent limitations of sole proprietorship form of business organisation.

Forms of Business OrganizationStudy Simplify SpecialPYQ1MCQ
Question 214

From the following, which form of business organisation is best suited for owning and managing shopping malls ?

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