Conclusion of sole proprietorship
Answers
Answered by
0
which constitutes the soul properties
Answered by
1
Answer:
In Sole proprietorship form of business, the owner is only the bearer of all risks, losses and also only recipient of profit.
Explanation:
In this type of business, single person controls and manages the business and so the owner and business are same entity... which means profit & loss is beared by him only. There are merits and also demerits in sole proprietorship.
Similar questions