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Q: Who assumes the risk in a sole proprietorship?
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Principles of sole proprietorship?

what is the prinicples of sole proprietorship


Can you turn your partnership into a sole proprietorship?

Partnerships can not be converted to Sole proprietorship.


What does the owner of a sole proprietorship have?

The owner of a sole proprietorship has unlimited liability.


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Is KFC is sole proprietorship?

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How can you use sole proprietorship in a sentence?

You can use sole proprietorship in a sentence in various ways. Here is an example, "In a sole proprietorship, you are solely responsible for the business operations."


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Who controls a sole proprietorship?

The owner controls a sole proprietorship. By its definition, a sole proprietorship is ran by a single individual who wishes to operate alone or who has only a small business.


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A sole proprietorship is a business that is owned solely. In the Philippines examples of sole proprietorship include shops, boutiques, and catering businesses.


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What are the characteristics of a business under sole proprietorship?

a single person owns and operates the business. The owner assumes all risks and responsibilities for the business, including debts.