Question

Is the liability of sole proprietorship is limited or not?​

Answer 1

Legally, a sole proprietorship and its owner share an identity. You are personally liable for any liabilities or debts the business incurs. Your risk includes actions of your employees that might result in a liability. To avoid this unlimited liability, some business choose to form a limited liability company.

Answer 2

$\huge\blue{Answer}$

Liability of sole proprietorship is limited.

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