Writer one point of difference between private and public enterprises. Mention any two advantages and two disadvantages of sole trading concem VERY SHORT ANSWER QUESTIONS 1. Introduce the term business organization in one sentence. 2. What is private enterprise? 3. Introduce sole trading concern in one sentence. Write any four features of sole trading concern. 4. 5. 6. 7. Define partnership in one sentence. 8. Point out any four features of partnership firm. jiradyantages of partnership firm.

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