Business Studies, asked by Sonamlha, 10 months ago

Sole trader is supreme in all matters pertaining to the business ?explain

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Answered by navyasri231
1

Explanation:

Independence: The sole trading concern is an independent organization. The owner of the business is free to make all sorts of decisions as per his judgment. He is the supreme judge for all the matters relating to the business. ... Unlimited liability: The liability of the owner is not limited to his investment.

Answered by rashmijhanva123
1

Explanation:

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Independence: The sole trading concern is an independent organization. The owner of the business is free to make all sorts of decisions as per his judgment. He is the supreme judge for all the matters relating to the business. ... Unlimited liability: The liability of the owner is not limited to his investment.

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