Economy, asked by kk9450617880, 9 months ago

Define Sole Proprietorship

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Answered by Anonymous

6

Answer:

A sole proprietorship also referred to as a sole trader or a proprietorship, is an unincorporated business that has just one owner who pays personal income tax on profits earned from the business. ... Many sole proprietors do business under their own names because creating a separate business or trade name isn't necessary

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