Geography, asked by raghvendrasing89, 1 year ago

Jusity the liability of solo tarder is unlimited

Answers

Answered by Anonymous

2

Explanation:

Sole traders do not have a separate legal existence from the business. In the eyes of the law, the business and the owner are the same. As a result, the owner is personally liable for the firm's debts and may have to pay for losses made by the business out of their own pocket. This is called unlimited liability.

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