Business Studies, asked by saisruthipadakanti30, 1 day ago

Is sole trade and sole proprietorship same..??​

Answers

Answered by munirajuchandrika3
1

Answer:

A sole proprietorship (also known as individual entrepreneurship,sole trader or simply proprietorship) is a type of an unincorporated entity that is owned by one individual only.It is the simplest legal from of a business entity.

hope it helps correct

Answered by pihupandit25511
7

Answer:

Friends

Explanation:

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

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