Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

personal assets may be used to pay business debts.
Since sole proprietorships have
A. limited resources
B. unlimited liability
C. earnings potential
D. several investors



Sagot :

Answer:

The correct answer is B (Unlimited liability).

Explanation:

In a sole proprietorship, the business is not treated as a separate entity from the owner, thus when the owner incurs debts and is unable to clear, personal assets may be used.

Answer: B

Explanation: I read the transcript so yea