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Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Proprietorship

n. See SOLE PROPRIETORSHIP.

individual proprietorship

See SOLE PROPRI. ETORSHIP.

sole proprietorship

1. A business in which one person owns all the assets, owes all the liabilities, and operates in his or her personal capacity. 2. Ownership of such a business. -Also termed individual proprietorship.