Question

what is called sole trade​

Answer 1

Answer:

A sole trader is a self-employed person who owns and runs their own business as an individual. ... Unlike the owners of a limited company, however, a sole trader is personally liable for their business's debts and their personal assets may be at risk if creditors cannot be paid

Explanation:

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Answer 2

Answer:

A form of business in which one person owns all the assets of the business, in contrast to a partnership or a corporation. A person who does business for himself is engaged in the operation of a sole proprietorship. ... A sole proprietorship is not a separate legal entity, like a partnership or a corporation.

Explanation:

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