14 Example 5(b) â Solution Because g (x) = log 2 x x is the inverse function of f (x) = 2, the graph of g is obtained by plotting the points (f (x), x) and connecting them with a smooth curve. The graph of g is a reflection of the graph of f in the line y = x, as shown in Figure 3.14. contâd Figure 3.14.
Legal liability and protection of personal assets are two areas where operating as a sole trader is a major disadvantage. In the event of a legal claim against the business, where insurance does not cover the full extent of any damages awarded, the owner's personal assets can be attacked to pay the damages.hen the business is being started part-time, while the owner continues in full-time employment, operating as a sole trader allows the owner to reduce tax payable on the employment income if losses are made. This tax reduction is subject to the business satisfying non-commercial business loss provisions.
Sole trader and limited company are two major forms of business. When starting up, it is very important to decide on the structure of the business as it has many implications for both the owner of the business as well as his dealings with other businesses.t is clear then that there are many differences between a sole trader and a limited company. However law makes no distinction between the two. Related posts: 1  Difference Between Corporation and Incorporation. 2  Difference Between Shareholders and Stakeholders.