Business Studies, asked by vpofficial1425, 3 months ago

write the difference between partnership and sole trader

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Answered by MissPhenomenal

9

ANsWeR :-

Ownership. A sole trader is an individual who owns a business entirely by himself. The business and this person is one, meaning that both the company's profit and liability belong to the individual. ... A partnership is a business entity comprised of two or more individuals.

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