Disadvantages of Sole Proprietorship | Class 11 Business Studies Chapter 2 (2023-24)

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Mam what do you mean by implied authority of a partner ? Mam 🥺 pls give reply

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Thank you for your question! When we talk about the implied authority of a partner, we are referring to the powers that are assumed to be given to a partner in a business partnership. These powers are not specifically laid out in the partnership agreement, but they are assumed to be given to the partner

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Questions what if the sole proprietorship have a son or his wife can carried out the business when he will be death .....can they manage the business??? Pls reply me

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[@subhammishra311]

In a 2nd point agar owner na apana beta ka name kr deya business to phir kyu band hoga ?? Plzz reply

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Maam limitations and disadvantages are same

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