Complete the sentences

(i) Private sector enterprises are owned and managed by the ………………

(ii) There is only one owner in ………………

(iii) Admission of new individual into existing business has given birth to ………………

(iv) A partner who takes active participation in the day to day working of the business is known as ……………


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(i) Private entities

(ii) Sole Trading Concern

(iii) Partnership Firm

(iv) active partner

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