Home › Bihar Board Class 12 (Commerce) › Business Studies › Forms of Business Organisation › Which of these is a merit of sole proprietorship?
Which of these is a merit of sole proprietorship?
ALimited liability to owner
BPerpetual succession
CLarge capital resources
DQuick decision making
Answer & Solution
Correct answer: D. Quick decision making
The owner need not consult anyone, so decisions are prompt and opportunities are used in time.
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