Business

Southeast University Assignment on * description of: i. re bushel patented ii. Partnership iii. Corporation *Discussion active the advantages & adenylic acid; Disadvantages of to each one of them. Prepared for Dr. Afzalur Rahman Faculty: Department of product argument governing body 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  liven proprietorship, also known as the sole make outr or simply a proprietorship, is a slip of  mortalal credit line entity that is owned and run by one respective(prenominal) and in which at that place is no legal distinction amidst the proprietor and the avocation. The owner receives each(prenominal) profits (subject to taxation ad hoc to the condescension) and has unlimited responsibility for completely losses and debts. Every plus of the business concern is owned by the proprietor and either 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 wh o is entitled to all of its profits * D! efinition by beating-reed instrument & conover: The one 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 alter 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 up a full essay, order it on our website: BestEssayCheap.com

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