Sole proprietorship features and merits demerits

1.	Sole proprietorship features and merits demerits
Answer» Features 1.No separate legal entity 2.unlimited liability 3. Lack of continuity4. Independency decision 5.managed individual 6.risk bearing 7.No share profit and loss<br>Merits 1.maintaining secerts 2. Independency decision 3.done by single person 4.management individual<br>Sole properitorship- it is owned and managed by single individual and the no share profit and loss

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