True/False
The proprietor of a sole proprietorship does not bear the burden of all liabilities incurred by the business.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q39: Dissolution of a partnership can be brought
Q40: There are two basic types of partnerships-
Q41: Generally, in dealing with a limited liability
Q42: Rita and Sal do business as Tech
Q43: Able Accounting, LLC, is a limited liability
Q45: Anyone who does business without creating a
Q46: Cathy, Don, and Ethel do business as
Q47: The liability of the members of a
Q48: Omar is a partner in Party Caterers.
Q49: One of the essential elements of a