A Cooperative Society:It is a voluntary association of persons joined together on the basis of equality for the fulfillment.
A public sector enterprise is owned and managed by the state.The aim of such enterprises is not to earn profit.
The Joint Hindu Family Business or the Hindu Undivided Family (HUF) is a unique form of business organization found only in India.
A partnership must be a result of an agreement between two or more individuals.The agreement must be built to share the profits.
A sole proprietorship is a one-man business organization.It is the type of entity that is fully owned and managed by one natural person.