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4 November, 17:23

Which sentence describe characteristics of a sole proprietorship?

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  1. 4 November, 17:29
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    - The owner accepts full financial liability

    - All profits go to the individual who owns the business.

    In a sole proprietorship, only one person had the control over the business, therefore, all the profit and liabilities that had been earned by the business will go to that one person
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