A major disadvantage of sole tradership isQuestion 17Answera.Unlimited Liabilityb.Easy formationc.Large Lifed.Secrecy
Question
Solution 1
The major disadvantage of sole tradership is a. Unlimited Liability.
This means that the owner of the business, the sole trader, is personally responsible for all the debts of the business. This can be a significant risk, as it could potentially put the sole trader's personal assets, such as their Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
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