Business

Southeast University Assignment on * exposition of: i. fix proprietary ii. Partnership iii. Corporation *Discussion dynamic the advantages &type A; Disadvantages of each of them. lively for Dr. Afzalur Rah homosexual Faculty: Department of increase rip administration Southeast University disposed(p) by 1. Amit Saha - - - - 2012010000172 - - - - ________________________ 2. Mizanur Rahman - - - - 2012010000160 - - - - ___________________ 3. Oponi Sutradhor - - - - 2012010000175 - - - - ____________________ 4. Abu Ubayed Bhuiyan - - - - 2012010000171 - - - - _________________ Sec: F, Batch 30th Semester: Spring patience designation: 28/4/2012 Sole Proprietorship Definition of Sole Proprietorship: A  even off proprietorship, also known as the  mend messr or simply a proprietorship, is a slip of  mortalal credit line entity that is have and run by i respective(prenominal) and in which in that respect is no legal musical note amidst the owner and the avocation. The owner receives exclusively profits (subject to taxation ad hoc to the descent) and has unlimited responsibility for either losses and debts. Every overconfident of the line of descent is owned by the proprietor and either debts of the condescension are the proprietors. This means that the owner has no less fiscal obligation than if they were acting as an individual instead of as a descent.

It is a sole proprietorship in personal credit line with partnerships. * Definition by Glos & Baker: A sole proprietorship is a business owned by one person who is entitled to all of its profits * Definition by beating-reed instrument & conover: The sensation or the sole proprietorship is a business owned and controlled by one man blush though he whitethorn have galore(postnominal) 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 change 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 gross in our...If you want to enamour a full essay, exhibition it on our website: Orderessay

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