Question

Select the proper option from the options given below and rewrite the completed sentence.
A sole trading concern ensures ________ business secrecy.

Options

• minimum

• maximum

• limited

Answer 1

A sole trading concern ensures maximum business secrecy.
Explanation:
The proprietor is the sole owner of the business; therefore, all decisions are taken by the proprietor himself. All business-related information remains with the owner. Further, it is the prerogative of the proprietor to share business information with others. Thus, a sole proprietorship guarantees maximum secrecy.