Define The Disadvantages Of No Legal Status In Proprietary Firms?

1.	Define The Disadvantages Of No Legal Status In Proprietary Firms?
Answer» The existence of BUSINESS is DUE to the existence of sole PROPRIETOR. DEATH or insolvency of the sole proprietor brings an END to the business. The existence of business is due to the existence of sole proprietor. Death or insolvency of the sole proprietor brings an end to the business.

Answer»

The existence of BUSINESS is DUE to the existence of sole PROPRIETOR. DEATH or insolvency of the sole proprietor brings an END to the business.

The existence of business is due to the existence of sole proprietor. Death or insolvency of the sole proprietor brings an end to the business.

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