The owner of a sole trader business has total control of the business.صحخطأ

Which of the following is not a feature of a sole trader?The customers and the business are close to each otherThe sole trader owns and runs the businessThe sole trader and the business are not legally distinctUnlimited finance

Distinguish between a Sole Trader and aPartnership as a form of Business organisation.Use an example in each of your answers.

In which form of business organization is the owner in sole control of management and profits?Multiple choice question.SyndicateSole proprietorshipS-corporationCorporation

True or False? “A Sole Trader is not assumed to be the Beneficial Owner of a business.”

Which form of business ownership is characterized by a single individual owning and operating the business?Question 10Answera.sole proprietorshipb.partnershipc.corporationd.cooperative