Gerry is concerned about the risks involved in launching a new business, especially the financial risks. If she chooses the sole proprietorship form of ownership, her liability is

Respuesta :

Answer:

Unlimited

Explanation:

Here are the options to this question :

is shared with his creditors

shared with his investors

limited to the amount of his taxes

unlimited

A sole proprietorship is a type of business that is owned by one person

Characteristics

it is owned by one person

the business has unlimited liability

the business has limited access to capital

the business usually lacks continuity. this type of business usually ceases to exist when the owner dies

the business is usually not separated from the owner

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