Question

Meaning of sole trade??​

Answer 1

sole trader is a self-employed person who owns and runs their own business as an individual. ... Unlike the owners of a limited company, however, a sole trader is personally liable for their business's debts and their personal assets may be at risk if creditors cannot be paid

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Answer 2

Answer:

a person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses