Social Sciences, asked by adam91581, 10 months ago

Mr. Ravi runs a small shop in a market. What merits will be there in this sole proprietorship form of organization?

Answers

Answered by Anonymous

Explanation:

It instills a sense of accomplishment and confidence in theindividual. (v) Ease of Formation and Closure An important merit ofsole proprietorship is the possibility of entering into business with minimal legal formalities. There is no separate law that governssole proprietorship.

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