Business Studies, asked by Anonymous, 16 days ago

what is sole proprietorship??
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Answers

Answered by ItzYrSnowy
3

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

Answered by artidevi01011983
1

Explanation:

A sole proprietorship—also referred to as a sole trader or a proprietorship—is an unincorporated business that has just one owner who pays personal income tax on profits earned from the business.

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