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Which type of organisation is usually not-for-profit but also has unlimited liability?

Question

Which type of organisation is usually not-for-profit but also has unlimited liability?
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Solution 1

The type of organization that is usually not-for-profit but also has unlimited liability is a "Sole Proprietorship".

Here are the steps to understand why:

  1. Not-for-profit: This means that the organization's main goal is not to make a profit. Instead, it focuses on a social, educational, charita Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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