ccgirls09 ccgirls09

01-09-2017
Business

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The risk of the sole proprietor is unlimited?

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johnonam johnonam

01-09-2017

Yes, Risks of Unlimited Liability. In a partnership or sole proprietorship, the owners are personally liable for all debts of the business. Owners are also liable for any unlawful acts committed by the owners or even the employees.

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