Business Studies, asked by aisha1411, 11 months ago

give the meaning of unlimited liability.

Answers

Answered by sharansai42

Unlimited liability refers to the legal obligations general partners and sole proprietors because they are liable for all business debts if the business can't pay its liabilities.

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Answered by Anonymous

Explanation:

Unlimited liability refers to the legal obligations general partners and sole proprietors because they are liable for all business debts if the business can't pay its liabilities.

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