Sole proprietorship is the oldest from of organisation. True or False? Why?
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The statement given,
Sole proprietorship is the oldest form of organisation - is absolutely True.
Sole proprietorship business came into existence much before than the other forms of proprietorship.
It is quite easy to control.
Sole proprietorship is the common and the simplest of all its kinds.
It can be managed and owned by a single person and can be organized quite informally.
It does not require to abide by the federal or state regulations much.
Sole proprietorship is the oldest form of organisation - is absolutely True.
Sole proprietorship business came into existence much before than the other forms of proprietorship.
It is quite easy to control.
Sole proprietorship is the common and the simplest of all its kinds.
It can be managed and owned by a single person and can be organized quite informally.
It does not require to abide by the federal or state regulations much.
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