Accountancy, asked by sameerronaldo12763, 5 months ago

what do you mean by sole proprietorship don't copy from google do it ur self​

Answers

Answered by 777sahaja
1

Answer:

A sole proprietorship is known as the sole trader. It is a type of enterprise that is owned and run by one person. There is no legal distinction between the owner and the business entity. The owner is in direct control of all elements and is legally accountable for the finances of such business.

Answered by iamvanshika53
1

Answer:

A sole proprietorship (also known as individual entrepreneurship, sole trader, or simply proprietorship) is a type of an unincorporated entity that is owned by one individual only. It is the simplest legal form of a business entity.

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