Accountancy, asked by Simran32251, 21 days ago

Which of the following is flase in respect of sole proprietor ship?

Answers

Answered by saiaksharavadla
0

Answer:

Which of the following is flase in respect of sole proprietor ship?

sorry I don't know

I am Sai Akshara

Answered by AllenGPhilip
2

Answer:

Explanation:

DEAR YOUR QUESTION IS INCOMPLETE SO I WILL GIVE YOU SOME TIPS ABOUT SOLE PROPRIETOR SHIP BUSINES

  • Single Owner: Sole proprietorship is owned by a single individual.
  • No Separate Legal Entity: Sole proprietorship is not a separate legal entity.  
  • Management and Control: Sole proprietorship is a one-man show.  
  • Unlimited Liability
  • Capital
  • Formation
  • Continuity
  • E.G Beauty parlour, barbershop.
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