Business Studies, asked by edwinthekkekulathink, 1 month ago

Explain the various features of sole proprietorship

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Answered by mahendradubey109

Answer:

Sole Proprietorship in simple words is a one-man business organisation. Furthermore, a sole proprietor is a natural person(not a legal person/entity) who fully owns and manages this type of entity. In fact, the business and the man are the same, it does not have a separate legal entity.

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