Business Studies, asked by maryjanepelaez08, 5 months ago

sole proprietorship business name example​

Answers

Answered by Anonymous
4

In a sole proprietorship, there is no legal distinction between the individual and the business. Thus, every asset is owned by the proprietor, and they have unlimited liability. Examples include writers and consultants, local restaurants and shops, and home-based businesses.

Answered by yp2626
0
Sole proprietorship means having a single owner no business partner.
The company is run by the single owner no partners
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