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12. Describe in your own words a sole trader type of business.

User Vituvo
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A self-employed who owns and runs their own business as an individual
User SteveK
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Answer:

A sole proprietorship or sole tradership is when an individual owns a business and operates that business under the legal framework of an individual. There is no exemption of liablity and no distinguish between the owner and the business.

User Murali VP
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