The liability of a sole proprietor is:a) Limited to the capital investedb) Limited to the extent of his sharec) Unlimitedd) Limited to the profits
Question
Solution 1
The liability of a sole proprietor is:
a) Limited to the capital invested b) Limited to the extent of his share c) Unlimited d) Limited to the profits
Step-by-step analysis:
- Understanding Sole Proprietorship: A sole proprietorship is a type of business entity that is owned and run by one i 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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