True/False
A sole proprietor has limited liability and cannot be forced to pay its creditors from his/her personal resources.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: A residual claimant with supervisory powers resolves
Q6: _ is a property which distinguishes corporations
Q7: Which of the following "shareholder rights" plan
Q8: Directors can make opportunistic choices to advance
Q9: A sole proprietorship is characterized by:<br>A)separation of
Q11: A _ requires workers to comply with
Q12: How does a residual claimant help to
Q13: Any form of wealth held by a
Q14: State one implication of the principle of
Q15: Mention some areas where partnerships are common.Give