Business Studies, asked by rohitroyp2025, 1 month ago

Sole proprietors have limited liability TRUE OR FALSE

Answers

Answered by kupendiraraju
1

Answer: False

Explanation:Sole proprietors have unlimited personal liability. There is no legal distinction between the owner and the business. This means that creditors of the business and individuals who have other claims against the owner can reach both the owner's business and personal assets.

Answered by shanti99346
0

Answer:

false

Explanation:

Sole proprietors have unlimited liability.

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