Answer to Question #189528 in Economics for ntombi mshango

Question

Musa Mathebula is the owner of Mathebula farm situated 10 KM outside Giyani. The farm produces various fruits, vegetables and livestock. Which one of the following forms of ownership can be associated with Mathebula farm considering that it cannot be separated from Musa’s personal assets?

1 Private company

2 Public company

3 Close corporation

4 Sole proprietorship

Answer 1

If Mathebula farm cannot be separated from Musa’s personal assets, then it is Sole proprietorship.

So, the correct answer is 4.