Chemistry, asked by Rayavarammohit09, 5 months ago

Five features of solepropriter

Answers

Answered by itzHitman
7

Explanation:

Main Features:

One Man Ownership: In proprietorship, only one man is the owner of the enterprise.

No Separate Business Entity: ADVERTISEMENTS: ...

No Separation between Ownership and Management: ...

Unlimited Liability: ...

All Profits or Losses to the Proprietor: ...

Less Formalities:

Answered by kumarsonusk121224
0

feature of soleproprieter

Explanation:

  • one man ownership.
  • no separate business entity.
  • so separation between ownership and management.
  • unlimited liability.
  • all profits or losses to the proprietor.
  • fewer formalities.
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