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    Business Law
  4. Exam
    Exam 40: Types of Business Organizations
  5. Question
    A Sole Proprietor Is Subject to Unlimited Personal Liability for the Debts
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A Sole Proprietor Is Subject to Unlimited Personal Liability for the Debts

Question 3

Question 3

True/False

A sole proprietor is subject to unlimited personal liability for the debts of the business.

Correct Answer:

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