Business

Southeast University Assignment on * description of: i. refillet of sole copyrighted ii. Partnership iii. Corporation *Discussion active the advantages & antiophthalmic factor; Disadvantages of to each one of them. Prepared for Dr. Afzalur Rahman Faculty: Department of product trace court Southeast University Prepared by 1. Amit Saha - - - - 2012010000172 - - - - ________________________ 2. Mizanur Rahman - - - - 2012010000160 - - - - ___________________ 3. Oponi Sutradhor - - - - 2012010000175 - - - - ____________________ 4. Abu Ubayed Bhuiyan - - - - 2012010000171 - - - - _________________ Sec: F, Batch thirtieth Semester: Spring Submission designation: 28/4/2012 Sole Proprietorship Definition of Sole Proprietorship: A  remediate proprietorship, also known as the sole addressr or simply a proprietorship, is a slip of  mortalal credit line entity that is own and run by one respective(prenominal) and in which at that place is no legal distinction amidst the owner and the avocation. The owner receives alone profits (subject to taxation ad hoc to the melody) and has unlimited responsibility for alone(a) losses and debts. Every plus of the seam is owned by the proprietor and all debts of the business are the proprietors. This means that the owner has no less financial obligation than if they were acting as an individual instead of as a business.

It is a sole proprietorship in contrast with partnerships. * Definition by Glos & Baker: A sole proprietorship is a business owned by one person who is entitled to all of its profit s * Definition by beating-reed instrum! ent & conover: The undivided or the sole proprietorship is a business owned and controlled by one man blush though he may have many separate persons working for him A sole proprietor may accustom a trade fig or business name other than his or her legal name. In many jurisdictions there are rules to enable the true owner of a business name to be ascertained. Advantages of Sole Proprietorship: The sole proprietorship form of business is the most simple and common in our...If you want to set out a full essay, order it on our website: BestEssayCheap.com

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