A soletrader:
a) Cannot keep his business secrets
b) Can keep his business secrets
c) None of the above
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b) can keep his business secrets.
A sole proprieter, who is also known as a sole trader, is himself the owner of his business.
So, he has with him all the legal and financial matters which are crucial for the advancement of his organisation.
If so happens that he divulges his strategies and other secret issues, then his ideas and many other data can be stolen, which would lead him to suffer terrible amount of losses.
Hence, it is essential for him to keep the secrets with him safe, and so he does the same.
A sole proprieter, who is also known as a sole trader, is himself the owner of his business.
So, he has with him all the legal and financial matters which are crucial for the advancement of his organisation.
If so happens that he divulges his strategies and other secret issues, then his ideas and many other data can be stolen, which would lead him to suffer terrible amount of losses.
Hence, it is essential for him to keep the secrets with him safe, and so he does the same.
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