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What is sole proprietorship

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What is sole proprietorship

    • Posted by Nishu K 6 years, 1 month ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Harshda Raut 6 years, 1 month ago

    A sole proprietorship is a type of enterprise that is owned and run by one natural person and in which there is no legal distinction between the owner and the business entity.

    1Thank You

    Arjun Singh 6 years, 1 month ago

    When an individual is bided with unlimited liabilites and is the only owner of the business is known as a sole proprietor.

    0Thank You

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