State the important features of Sole Trading Concern.
Answers
Answered by
5
Features of Sole Trading Concern.
Minimum government.
Unlimited liability.
Freedom in Selection of Business.
Secrecy.
Single Ownership.
Direct contacts with Customers and Employees.
Suitable for some Special Business.
No sharing of profits and risks.
Minimum government.
Unlimited liability.
Freedom in Selection of Business.
Secrecy.
Single Ownership.
Direct contacts with Customers and Employees.
Suitable for some Special Business.
No sharing of profits and risks.
Similar questions