Which of the following is a source of capital to a sole proprietorship?
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Correct Answer: Option C
Explanation:
Loans from friends can be a source of capital for a sole proprietorship. A sole trader can obtain funds from friends or relatives to establish, operate, or expand the business.
Loans from friends can be a source of capital for a sole proprietorship. A sole trader can obtain funds from friends or relatives to establish, operate, or expand the business.