1.

State the demerits of proprietorship.

Answer»

HEYA
FOLLOWING ARE THE DEMIRITS
you have unlimited LIABILITY for debts as there's no legal distinction between PRIVATE and business assets.

your capacity to raise capital is limited.

all the responsibility for making day-to-day business decisions is yours.

retaining high-calibre EMPLOYEES can be difficult.

HOPE IT HELPS MARK AS BRAINLIEST IF YOU LIKE BE BRAINLY



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