Business Studies, asked by Anonymous, 1 year ago

Hey guys
hope u all r good


Define sole proprietorship?
thora long ok...​

Answers

Answered by TRISHNADEVI
5

 \huge{ \red{ \underline{ \overline{ \mid{ \bold{ \mathfrak{ \purple{ \: \:  ANSWER  \:  \:  \red{ \mid}}}}}}}}}

 \bf{ \sf{ A\:  \: business \:  \: owned, \:  \: managed \:  \: and \:  \: controlled \: }} \\  \bf{ \sf{by \:  \: a \: single \:  \: individual \:  \: is \:  \: known \:  \: as \:  \: a \:  \: \red{Sole}}} \\  \bf{ \sf{ \red{proprietorship \:  \: organisation}.}}

 \rm{ \underline{ \pink{ \: According \:  \:  \: to \:  \:  \: J. \: L.\:Hansen \: }}, \:   \: sole \:  \: trader \:  \: business} \\  \rm{is \:  \: a \:  \: type \:  \: of \:  \: business \:  \: unit \:  \: where \:  \: one \:  \: person} \\  \rm{is \:  \: solely \:  \: responsible \:  \: for \:  \: providing \:  \: the \:  \: capital,} \\  \rm{for \:  \: bearing \:  \: the \:  \: risk \:  \: and \:  \: for \:  \: the \:  \: management} \\  \rm{of \:  \: the \:  \: business.}

 \bf{ \underline{ \pink{ \: According \:  \:  \: to \:  \:  \: L. \: H. \:Haney \:}} , \: \: the \:  \: sole \:  \: proprietorship} \\  \bf{is \:  \: the \:  \: form \: \: of \:  \: business  \:  \: organisation \:  \: at \:  \: the \:  \: head \: } \\  \bf{of \:  \: which \:  \: stands \:  \: an \:  \: individual \:  \: as \:  \: one \:  \: who \:  \: is \:  \: } \\  \bf{responsible \:  \: who \:  \: directs \:  \: its \:  \: operations \:  \: and \:  \: who} \\  \bf{alone \:  \: runs \:  \: the \:  \: risk \:  \:  \: of \:  \:  \: failure.}

 \mathfrak{ \underline{ \pink{ \: According \:  \:  \: to \:  \:  \: Kimball \:  \: and \:  \: Kimbal \: }}, \:  \:  \: the \:  \:} \\  \mathfrak{sole \:  \: propeietor \:  \: is \:  \:  \: the \:  \: supreme \:  \: judge \:  \: of \:  \: all \:  \:} \\  \mathfrak{ matters \:  \: pertaining \:  \: to \:  \: his \:  \: subject \:  \: only \:  \: to} \\  \mathfrak{general \:  \: laws \:  \: of \:  \: land \:  \: and \:  \: to \:  \: such \:  \: special} \\  \mathfrak{legislation \:  \: as \:  \: may \:  \: affect \:  \: his \:  \: particular \:  \: line \:  \: } \\  \mathfrak{of \:  \: business.}

Answered by bestthinker
2

Answer:i told her to msg be i donoy have gf

Explanation:

Similar questions