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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 |
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Answer» 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. |
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