"a sole proprietorship business cannot be completely abolished even there are so many multinational companies established in india".Do you agree? give your views
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A sole proprietorship , also known as a sole tradership, individual entrepreneurship or proprietorship, is a type of enterprise owned and run by one person and in which there is no legal distinction between the owner and the business entity. A sole trader does not necessarily work "alone"—it is possible for the sole trader to employ other peoples.
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