xorenee
xorenee xorenee
  • 03-09-2022
  • Business
contestada

What is the liability in sole proprietorships and partnerships??

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eboyZbeanXD
eboyZbeanXD eboyZbeanXD
  • 03-09-2022

Answer:

Sole proprietors and partners have unlimited liability. The unlimited liability means that if you're unable to repay the debts of the business, your creditors can go after whatever you own.

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