Question

The business which is controlled by
one person is called ​

Answer 1

A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity.

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Answer 2

Answer:

Sole Proprietorship

Explanation:

In a One-Man Business or Sole Proprietorship, the entire organization is owned, managed and run by a single person. He or She is the bearer of all profit and risks alone.

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