Business Studies, asked by deepashusingh48, 5 months ago

- Discuss whether the sole proprietorship involves lengthy and expensive procedures for
its formation.​

Answers

Answered by Anonymous
4

Sole Proprietorship does not involve a lengthy and expensive procedure for its formation. Infact, the formation of sole proprietorship is very easy as no legal formalities are required for setting up the business. ... No, the liability of the sole proprietor is not limited to the extent of his shares

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