Not a Form of Business Organisation

CMAT 2024 · Innovation & Entrepreneurship · Easy · Innovation and Entrepreneurship

Which of the following is NOT a form of organisation to initiate a business/enterprise?

  1. A.

    Partner Organisation

  2. B.

    Sole Proprietorship

  3. C.

    Private Limited Company

  4. D.

    Live and License

Answer

D

Explanation

"Leave and License" (or Live and License) refers to a property rental agreement and is not a legal structure or form of business organization.

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