Sole Proprietor
From Open Risk Manual
Contents
Definition
Sole Proprietor. A party that owns a business, has the rights to all profits from that business and is considered a single entity (unincorporated) together with that business for tax and liability purposes
A sole proprietor has unlimited liability with respect to any business debts.
Synonyms
- Sole Owner
See Also
- Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Sole Proprietor"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/BE/SoleProprietorships/SoleProprietorships/index-en.html + |
