Business does not enjoy perpetual succession (a) Partnership (b) Hindu undivided family business (c) Company (d) Cooperative Societies
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Business does not enjoy perpetual succession (a) Partnership (b) Hindu undivided family business (c) Company (d) Cooperative Societies
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Answer:
Sole Proprietorship.
Explanation:
Because,perpetual succession means continuous without any stoppage. In case of a sole proprietorship there is only one person and the business comes to and end if the owner dies because he is the only owner. Hence, sole proprietorship does not have perpetual succession.
Sayed Muhammad Ayaan
We are provided with four different types of businesses and we are asked which of the businesses provided do not enjoy perpetual succession. The business which does not enjoy perpetual succession is (a) Partnership.
PROJECT CODE: #SPJ2
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