Five features of solepropriter
Answers
Answered by
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
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.
Similar questions