Explain merits and demerits of sole trading concern – InterviewSolution

1.	Explain merits and demerits of sole trading concern
Answer» ges of Sole Trading Concern. EASY to COMMENCE and dissolve: A sole trading concern is owned, managed, controlled and invested by a single person so that it can easily establish and close it down whenever he/she wishes. There are LIMITED and SIMPLE legal formalities to START and close the business.

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