Compare and contrast the partnership vs sole trader in formation and business structure.
Question
Compare and contrast the partnership vs sole trader in formation and business structure.
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Solution 1
Sure, here is a comparison and contrast of a partnership and a sole trader in terms of formation and business structure:
Formation:
Sole Trader:
- A sole trader business is the simplest form to set up because it is run by just one individual.
- It requires minimal paperwork and legal formalitie Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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