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Describe any three limitations faced by a sole proprietor in carrying out his work​

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Answer:

Disadvantages of Sole PROPRIETORSHIP

Disadvantages of Sole ProprietorshipThe LIFE cycle of a sole proprietorship is undecided and attached to its owner. A sole proprietorship cannot carry on without its proprietor. A sole proprietor ALSO has limited managerial ability. He cannot be an EXPERT in all the fields of the business.

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