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Question
Select the proper option from the options given below and rewrite the completed sentence.
A sole proprietorship has ________ owner/owners.
Options
one
two
unlimited
MCQ
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Solution
A sole proprietorship has one owner.
Explanation:
Sole means one and proprietor means owner. Therefore, a sole proprietorship is the one which is controlled and managed by only one or single owner.
shaalaa.com
Concept of Sole Proprietorship Or Sole Trader
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