Who among the following has no right of ownership to a business organization?

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Who among the following has no right of ownership to a business organization?

  • A) shareholder
  • B) entrepreneur
  • C) partner
  • D) debenture holder

Correct Answer: D) debenture holder

Explanation

This Commerce question is asking about the rights of ownership to a business organization. The question is asking which of the following options does not have the right of ownership to a business organization. The options are shareholder, entrepreneur, partner, and debenture holder. The correct answer is debenture holder.

A debenture holder is a person who has loaned money to the company and is not a part-owner of the company. Therefore, they do not have the right of ownership to the business organization.

On the other hand, a shareholder is a person who owns a part of the company and has the right to vote on company decisions. An entrepreneur is a person who starts and runs a business organization. A partner is a person who owns a part of the business organization and shares profits and losses.

It is important to understand the different types of ownership in a business organization, as it can affect decision-making and profits. To learn more about this, please read the relevant sections of the recommended textbooks.



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