Question

List any two situations in which sole proprietorship form of business organisation is found to be most suitable

Answer 1

Answer:

Below

Explanation:

Here is the list of businesses most suitable as proprietorship firm based on features of the organisation:

Less Capital requirements.

Lower Tax rates.

Independent operations.

Unorganised structure.

Lower operational risk.

Lower Compliance requirements.

Answer 2

Answer:

Less Capital requirements.

Lower Tax rates.

Independent operations.

Unorganised structure.

Lower operational risk.

Lower Compliance requirements.

Explanation:

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