Question

An interview of sole trader annexures

Answer 1

Sole trading concern is the easiest, most established and in some regard, the most characteristic type of business association in private segment.

As indicated by Professor Henry," the individual proprietor is the type of business association at the head of which stands a person as one who is capable, who coordinates its tasks and who alone risks disappointment. "

In this frame, a solitary individual is solely in charge of giving the capital, for bearing the hazard and for generally speaking administration and control of the endeavor.

It is the small time demonstrate claimed, oversaw and worked by one individual.