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SOLE TRADE

CONTENT
  1. Types of Business Organisation
  2. Meaning of Sole Trade
  3. Advantages and Disadvantages of Sole Trade
 

Forms or Types of Business Ownership

The following are the four forms of business ownership:
  1. Sole proprietorship;
  2. Partnership;
  3. Co-operative societies and
  4. Private and public limited liability companies.
Ownership refers to the individual or organization that brings together the factors of production.

Lesson tags: Business Studies Lesson Notes, Business Studies Objective Questions, JSS1 Business Studies, JSS1 Business Studies Evaluation Questions, JSS1 Business Studies Evaluation Questions Second Term, JSS1 Business Studies Objective Questions, JSS1 Business Studies Objective Questions Second Term, JSS1 Business Studies Second Term
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