Business studies chapter 4
Teacher recommended
?- Created by: Anusha5
- Created on: 22-02-16 08:22
sole trader |
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Advantages
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Disadvantages
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EvaluationGiven it's convenience, it is no surprise that sole traders are the most common types of business organization. However, it also involves a lot of risk for the owner since the legal identities of the business and owners are not separate, and so the owner has unlimited liability for the business. |
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