Business Studies, asked by aisha1411, 10 months ago

give the meaning of unlimited liability.​

Answers

Answered by sharansai42
3

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
4

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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