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Question

Sole trading concern is owned and managed by________person/persons.

A
one
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B
two
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C
five
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D
six
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Solution

The correct option is A one
A sole trading business is the oldest and simplest form of business organisation as in this kind of business, there is no chaos in the management as a person is single handedly working for the business and also he is the single receiver of profit earned.

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