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Sole proprietorship is most suitable for businesses that are:
AForeign owned
BSmall in scale
CVery large scale
DState controlled
Answer & Solution
Correct answer: B. Small in scale
1. Beauty parlours and retail shops are examples.
2. Personalised service suits this form.
3. It fits small scale activity.
_Source: NCERT Class 11 Business Studies, Chapter 2, Forms of Business Organisation._
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