Sole ____ have one owner, are very easy to set up and can make ____ quickly because there is ____ owner. Like partnerships, sole traders have ____ liability, which means that they are responsible for the ____ of the business. This means they may have to sell ____ possessions. A partnership would normally have a ____ of partnership, which sets out the ____ of the partners and the amount of ____ they put into the business.

Sole Trader and Partnerships

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