Question

Which of the following is not the characteristic of sole proprietorship
a. Single ownership
b. One man control
c. Whole profit to proprietorship
d. Non-flexibility

Answer 1

d) non-flexibility.

Single proprietorship is extremely flexible in nature, since only one person owns the business and has the liability.

All the legal and financial matters are of the concern to the sole trader.

It is he who can put in as much capital as desired , or withdraw.

Sole trades do not need to be registered with the government on a compulsory basis, and they can operate on a small scale.

With all these advantages, sole trading is definitely extremely flexible in nature, and also easy to handle.

Answer 2

hey mate

here is your answer :-

option d) nonflexiblity


I hope it helps you