Available Answers

1. 1.

   Define sole proprietorship.

2. 2.

   State three characteristics of sole proprietorship.

3. 3.

   What is the social utility of sole proprietorship?

4. 4.

   Mention two limitations of sole proprietorship.

5. 5.

   What is Hindu undivided family business?

6. 6.

   What is sole proprietorship? Describe its features.