Q.3 Sanya is a sole proprietor running a boutique in West Delhi. She has been offered a
contract by a trader for manufacturing fashionable garments. She immediately took the decision
and accepted the offer. She takes maximum efforts to make her business successful as she is
the sole recipient of all profits
Identity and explain the two merits of sole proprietorship form of business organisation
highlighted above by quitting the lines
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Answer:
Sole Proprietorship
Explanation:
She is the decisionmaker
She is responsible for her actions
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