Question

under what situations the sole trader business is suitable?

Answer 1

Answer:

Business which requires low capital investment is suitable under sole proprietorship concerns. Therefore, small-scale units or units which do not involve production on a large-scale can be conveniently carried on under sole proprietorship.

Explanation:

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Answer 2

Answer:

Business which requires low capital investment is suitable under sole proprietorship concerns. Therefore, small-scale units or units which do not involve production on a large-scale can be conveniently carried on under sole proprietorship.

Explanation:

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