No products in the cart.

featers of sole proprictorship Advantoge and …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

featers of sole proprictorship Advantoge and disadvan tye of sole proprictorship
  • 2 answers

D Harshani 2 years, 1 month ago

Features Single ownership Formation and disclosure Unlimited liability Individual risk bearing and profit recipient One man control No separate ligal entity Small size Merits: Quick decision Confidentiality Direct incentive Sense of accomplishment Easy to form Demerits: Limited resources Lack of managerial skills Lack of continuity Unlimited liability

Tripti Singh 2 years, 2 months ago

Features 1.no legal formalities 2.secrecy 3.unlimited liability 4.sole risk bearer and profit recipient. 5.quick decision 6.single owner Merits 1.no legal formalities 2.quick decision 3.easy to open and close. 4.sense of accomplishment. 5.sole profit recipient Demerits 1.unlimited liability 2.uncertain life 3.sole risk bearer 4.limited resources 5.limited capital
http://mycbseguide.com/examin8/

Related Questions

What's the business
  • 0 answers
Shubhash dey class 11 bst ch3 cbq
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App