Which of the following are merits of sole proprietorship-Easy to formDirect incentiveFlexibilityPersonal touchSecrecyLimited resourceLarge sizeMulti control-

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Features of Sole Proprietorship

Which of the ...

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Which of the following are merits of sole proprietorship?

Easy to form

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Direct incentive

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Flexibility

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Personal touch

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Secrecy

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Limited resource

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Large size

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Multi control

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Similar questions

What do you understand by a sole proprietorship firm? Explain its merits and limitation?

Identify the merits or limitation of sole proprietorship hidden in the quoted line.

(a) "The sole proprietor can easily change the size of the business."

(b) "All the profits of the business belong to the sole proprietor."

Which of the following are merits of external sources?

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