xorenee xorenee

03-09-2022
Business

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What is the liability in sole proprietorships and partnerships??

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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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