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Question

Entrepreneurship Question on Emerging Modes of Business

Raghav is the owner of a business. He wants to transfer his ownership to his daughter Poorvi. He can do this without taking permission from anyone if the business is a ______(Fill in the blank.)

A

Partnership firm

B

Public limited company

C

Private limited company

D

Sole Proprietorship

Answer

Sole Proprietorship

Explanation

Solution

The correct option is (D) : Sole Proprietorship