Business secrecy cannot be maintained in a Sole Trading Concern.



This statement is False.

i. In Sole trading concern all activities are owned, managed and controlled by a single man.

ii. He need not to disclose his annual accounts of the concern to anybody.


iii. Truly speaking this type of organisation enjoys the maximum business secrecy. 
Omtex App. Free For Students.

PDF FILE TO YOUR EMAIL IMMEDIATELY.
PURCHASE NOTES & PAPER SOLUTION.
@ Rs. 50/- each
 ENGLISH  ACCOUNTS  ECONOMICS  ORGANISATION OF COMMERCE & MANAGEMENT  SECRETARIAL PRACTICE  SCIENCE PAPER SOLUTION  HISTORY POLITICAL SCIENCE  GEOGRAPHY ECONOMICS  ALGEBRA PAPER SOLUTION  GEOMETRY PAPER SOLUTION  ALGEBRA