What do you understand by Sole proprietorship firm? Explain its merits and limitations. Q. What do you understand by Sole proprietorship firm? Explain its merits and limitations. Ans: If entrepreneur starts sole proprietor form of busi…
Can profits be the sole objective of a business? Justify your answer by giving suitable reasons. Q. Can profits be the sole objective of a business? Justify your answer by giving suitable reasons. Ans: A layman may say that profits are the only…