Business Studies, asked by 0llrahulkumarll0, 3 months ago

what is sole proprietorship

explain its •Features
•merits and
•limitations
spamming not allowed

Answers

Answered by ItzAshleshaMane
38

Answer:

Single Ownership: It is wholly owned by one individual. Control: Sole proprietor has full power of decision making. No Separate legal entity: Business and businessman are not separate entities in the eyes of law. Unlimited liability: The liability of owner is unlimited.

Explanation:

Hope it will help you..

Similar questions