Question

In Sole Proprietor ______ is maintained.

विकल्प

• Full Secrecy

• No Secrecy

• Secrecy is nominal

• None of these

Answer 1

In Sole Proprietor full secrecy is maintained.

Explanation:

A sole proprietorship is when one person owns and runs the company. Since they are not compelled by law to reveal information to the public, the owner is able to keep all business activities, accounts, and decisions completely confidential.