The oldest form of business organization is _________.
A. partnership
B. sole proprietorship
C. joint stock company
D. co-operative undertaking
Answer: Option B
Solution(By Examveda Team)
The oldest form of business organization is sole proprietorship. When the ownership and management of a business are in control of one individual the form of business is called sole proprietorship.Related Questions on Business and Commerce
A. Commerce
B. Industry and commerce
C. Trade and commerce
D. Selling and buying of goods
Which of the following is not an economic activity?
A. A doctor practicing
B. A lawyer practicing law
C. A professional cricketer playing cricket
D. A student playing cricket
Which of the following is an extractive industry?
A. Cattle breeding
B. Forest cultivation
C. Hunting
D. Flour mills
Which of the following is not a manufacturing industry?
A. Iron and steel works
B. Flour Mills
C. Fruit canning
D. Mining
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