Business Studies, asked by mahikhan4463, 2 months ago

what is the sole proprietorship business?

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Answered by Anonymous

11

Answer:

Sole proprietorship

Type of business entity

A sole proprietorship is a business that can be owned and controlled by an individual, a company or a limited liability partnership. There are no partners in the business. The legal status of a sole proprietorship can be defined as follows: It is not a separate legal entity from the business owner.

Answered by anishamhetre05

1

Answer:

A sole proprietorship is a business that can be owned and controlled by an individual, a company or a limited liability partnership. There are no partners in the business. The legal status of a sole proprietorship can be defined as follows: It is not a separate legal entity from the business owner.

Explanation:

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