A sole proprietorship is an unincorporated business enterprise that is owned by a single individual who earns all the profits and is liable for all the losses and other obligations of the business.
sole proprietorship has the following advantage.. 1. it enables the proprietor to decide on the matters with regards to the business. 2. own money could be use in the financing (though it is also...
I don't know what answer your teacher is looking for, but:This is the first and earliest type of business, it happened the first time a farmer or hunter "sold" his product to another person.I would...
