| Consider the following statement. |
| I. The sole proprietor firm is owned, managed and controlled by a single individual. |
| II. All decisions are taken by him solely. |
| III.Without any interference, he can carry out business plans. |
| Which of the statement(s) given above is/are correct? |
A) I and II
B) II and III
C) I and III
D) All of these
Correct Answer: D
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