FOUNDATIONS OF BUSINESS
FOUNDATIONS OF BUSINESS
6th Edition
ISBN: 9780357685594
Author: Pride
Publisher: CENGAGE L
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Chapter 4.2B, Problem 1CC
Summary Introduction

To determine: The reasons on proprietorship differ from partnership.

Introduction: A sole proprietorship is a business that is owned and managed by one individual and the least complex type of business to begin the business, organize, and close the business. A single individual claims, oversees and directs all the business actions and the person who runs the business is called as a sole proprietor.

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