who is called sole proprietor? answer in one sentence.
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Explanation:
The definition of a proprietor is the person who owns or operates a business. An example of proprietor is the person who owns a shoe shop. An owner. A sole owner of an unincorporated business, also called a sole proprietor.
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Sole owner of a business; a self-employed person such as a grocer, plumber, or taxi driver. He or she directs the affairs of the enterprise, bears its risks and losses, and takes the profits and benefits. Also called sole trader.
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