https://spec.edmcouncil.org/fibo/ontology/BE/SoleProprietorships/SoleProprietorships/SoleProprietor
party that owns a business, has the rights to all profits from that business and is considered a single entity (unincorporated) together with that business for tax and liability purposes
Instances of fibo-be-sps-sps:SoleProprietor can have the following properties:
| PROPERTY | TYPE | DESCRIPTION | RANGE |
|---|
@prefix cmns-av: <https://www.omg.org/spec/Commons/AnnotationVocabulary/> .
@prefix cmns-rlcmp: <https://www.omg.org/spec/Commons/RolesAndCompositions/> .
@prefix fibo-be-le-lp: <https://spec.edmcouncil.org/fibo/ontology/BE/LegalEntities/LegalPersons/> .
@prefix fibo-be-oac-opty: <https://spec.edmcouncil.org/fibo/ontology/BE/OwnershipAndControl/OwnershipParties/> .
@prefix fibo-be-sps-sps: <https://spec.edmcouncil.org/fibo/ontology/BE/SoleProprietorships/SoleProprietorships/> .
@prefix fibo-fnd-oac-oac: <https://spec.edmcouncil.org/fibo/ontology/FND/OwnershipAndControl/OwnershipAndControl/> .
@prefix owl: <http://www.w3.org/2002/07/owl#> .
@prefix rdfs: <http://www.w3.org/2000/01/rdf-schema#> .
@prefix skos: <http://www.w3.org/2004/02/skos/core#> .
@prefix xsd: <http://www.w3.org/2001/XMLSchema#> .
fibo-be-sps-sps:SoleProprietor a owl:Class ;
rdfs:label "sole proprietor" ;
rdfs:isDefinedBy fibo-be-sps-sps: ;
rdfs:subClassOf [ a owl:Restriction ;
owl:onProperty fibo-be-oac-opty:hasInvestmentEntity ;
owl:someValuesFrom fibo-be-sps-sps:SoleProprietorship ],
[ a owl:Restriction ;
owl:onProperty cmns-rlcmp:isPlayedBy ;
owl:someValuesFrom [ a owl:Restriction ;
owl:onProperty fibo-fnd-oac-oac:ownsAndControls ;
owl:someValuesFrom fibo-be-sps-sps:SoleProprietorship ] ],
[ a owl:Restriction ;
owl:onClass fibo-be-le-lp:LegallyCompetentNaturalPerson ;
owl:onProperty cmns-rlcmp:isPlayedBy ;
owl:qualifiedCardinality "1"^^xsd:nonNegativeInteger ],
fibo-be-oac-opty:EntityOwner ;
skos:definition "party that owns a business, has the rights to all profits from that business and is considered a single entity (unincorporated) together with that business for tax and liability purposes" ;
cmns-av:explanatoryNote "A sole proprietor has unlimited liability with respect to any business debts." ;
cmns-av:synonym "sole owner",
"sole trader" .