Business Studies, asked by Abhinavsingh8965, 8 months ago

Justify the libility of sole traders is unlimited

Answers

Answered by ItzModel
1

Explanation:

Sole proprietors and partners have unlimited liability. This means that if you're unable to repay the debts of the business, your creditors can go after whatever you own. So you could lose any of your possessions that would allow them to recover the amount.

Similar questions