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Question
Complete the sentence.
There is only one owner in _____________
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Solution
There is only one owner in Sole Trading Concern.
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RELATED QUESTIONS
State True or False:
Sole trader is the decision-maker of the business.
State True or False:
Sole trading concern operates in local markets.
State True or False:
Sole proprietorship is useful for small business.
Answer in one sentence.
What is sole Trading concern?
Correct the underlined word and rewrite the following sentence.
There is less secrecy in Sole Trading concern.
Explain the following term/concept:
Sole Trading Concern.
Distinguish between Sole Trading Concern and Partnership Firm.
Answer in brief.
State any four features of Sole Trading Concern.
Justify the following statement.
Liability of a ‘Sole trader’ is Unlimited.
Attempt the following:
Explain the features of Sole Trading Concern.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
Who owns, manages, and controls a sole trading concern?
Which feature allows a sole trader to make business changes quickly?
What does unlimited liability mean for a sole proprietor?
Which statement describes a market limitation of a sole trading concern?
Which reason makes a sole trading concern unsuitable for large-scale operations?
