Business Studies, asked by aarishrazi45, 8 months ago

what is the reason for the end of sole proprietorship​

Answers

Answered by perumalsangeetha49
2

Answer:

Three events can cause the dissolution of a sole proprietorship: the owner's decision, death or disability of the owner and bankruptcy -- which may include the owner's assets as well as those of the business. These have differing effects on how the business ceases operation.

Answered by queensp73
3

Hello !

    So a sole proprietorship is entirely dependent on its owner. The death, retirement, bankruptcy. insanity, imprisonment etc will have an effect on the sole proprietorship. In such situations, the proprietorship will cease to exist and the business will come to an end.

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