Business Studies, asked by manahil42, 11 months ago

what is the social utility of sole proprietorship ​

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Answered by Anonymous
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Explanation:

Explanation:Sole proprietorship is a form of business, which is financed, owned and managed by a sole trader, who bears all the risks of the business and enjoys all the profits arising therein. Apart from various merits like profit, independent control, etc. Sole proprietorship form of business also has some social utility.

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