Question

Assertion (A) Timely decisions of sole proprietor helps him/her to take advantage of market opportunities as and when they arise.
Reason (R) Sole proprietorship can be easily started or dissolved at any time with minimum legal formalities
, Alternatives
(a) Assertion (A) end Reason (R) are True and Reason (R) is the correct explanation of Assertion
:(b)both Assertion and Reason are True and Reason (R) is not the correct explanation of Assertion
(c) Assertion (A) is True but Reason (R) is False.
(d) Assertion (A) is False but Reason (R) is True​

Answer 1

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Answer 2

(b) Both Assertion and Reason are true but Reason (R) is not the correct explanation of Assertion.

• Both the assertion and reason are two valid features of the sole proprietorship but the reason is not an explanation of the assertion since both are unrelated to each other.
• Timely decisions of a sole proprietor help him to avail the business opportunity for himself rather than losing it to their competitor.
• Under a sole proprietorship, decision-making related to the commencement or the dissolution of the business can be taken much easily without any hassle of legal formalities since there is only one owner and so it is only his stance that will be taken into account.