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.
A sole trader is one type of business organization. Or I would say a sole trader is among the many types of organization that exist in a business environment. If you are a sole trader, it means that you own the business, and any profits from the business belongs to you.It's important to know that there are other types of business organizations like partnership or limited companies. A partnership is where you and another partner owns the business. sole trader is one type of business organization. Or I would say a sole trader is among the many types of organization that exist in a business environment. If you are a sole trader, it means that you own the business, and any profits from the business belongs to you.