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Which is the form of organization where the initial cost of setting-up of the business is least?
  • a)
    Joint Stock Company
  • b)
    Sole Proprietorship
  • c)
    Partnership 
  • d)
    All of the above
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Which is the form of organization where the initial cost of setting-up...
As far as initial business setting-up costs are concerned, sole proprietorship is the least expensive way to start a business. 
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Which is the form of organization where the initial cost of setting-up of the business is least?a)Joint Stock Companyb)Sole Proprietorshipc)Partnershipd)All of the aboveCorrect answer is option 'B'. Can you explain this answer?
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