List the Advantages and Disadvantages of a Sole Proprietorship Form

question 46

Essay

List the advantages and disadvantages of a sole proprietorship form of business.

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Definitions:

Contradictory

Relating to statements, ideas, or propositions that directly oppose each other in such a way that if one is true, the other must be false.

Contradictories

In the traditional and modern squares of opposition, a pair of categorical propositions that, in virtue of their logical form, could neither both be true nor both be false (A and O, E and I).

Universal

Pertaining to or involving all, or the whole of something.

Particular

In logic, refers to statements that affirm or deny something about only some members of a class of subjects.