What Are Three Advantages A Sole Trader Has Over A Partnership In Terms Of Business Law?

3 Answers

Anonymous Profile
Anonymous answered
With partnerships all partners are liable for the businesses debt no matter who caused it. Partnerships also usually state in the agreement that certain decisions must be discussed between all partners and partners that want to leave the partnership must give up their stake in the business under certain conditions.
Tatenda Mujuru Profile
Tatenda Mujuru answered
As a sole trader analyze the merits and demerits and possible challenges of being a sole trader as a measure against other forms of busines

Answer Question

Anonymous