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Define sole proprietorship. - Business Studies

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प्रश्न

Define sole proprietorship.

Define the following business entity:

Sole Proprietorship

Give definition of Sole Trading.

परिभाषा
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उत्तर

The sole proprietorship is that form of business ownership that is owned and controlled by a single individual. He receives all the profits and risks all of his property in the success or failure of the enterprise.

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Concept of Sole Proprietorship Or Sole Trader
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 17: Various Business Entities - EXERCISES [पृष्ठ २५६]

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गोयल ब्रदर्स प्रकाशन Business Studies [English] Class 12 ISC
अध्याय 17 Various Business Entities
EXERCISES | Q II. 7. (i) | पृष्ठ २५६
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