Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

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.)

Options:

Partnership firm

Public limited company

Private limited company

Sole Proprietorship

Correct Answer:

Sole Proprietorship

Explanation:

The correct answer is option (4) - Sole Proprietorship