Question

Q. Difference between sole proprietorship and partnership firm?​

Answer 1

Answer:

The most obvious difference between partnership and sole proprietorship is the number of owners the business has. "Sole" means one or only, and a sole proprietorship has only one owner: you. Conversely, it takes two or more to form a partnership, so this type of entity has at least two owners. It's as simple as that.

Explanation:

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Answer 2

Difference between sole proprietorship and partnership firm

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