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Business, 25.09.2021 20:00 selene29

A lot of points give away CASE STUDY: John had just graduated from high school. John’s father decided to retire and transfer the ownership of his shoe store to him. After operating the business for one year, John decided to convert the business to a Private Limited company.

(a) State two advantages John’s father enjoyed as a sole trader.

(b) Explain TWO benefits John would enjoy by converting the business to a Private Limited company

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