Question

explain sole proprietorship in business​

Answer 1

A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity.

Answer 2

Answer:

It is the one man business as he invests the entire capital,bears all the risks, takes all the advantages and manages the business by himself .It is also called individual proprietorship

Explanation:

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