If this condition arises where a business can't able to pay it's debt, creditors can expect the owner to pay the debts with their personal assets of business is called- General Partnership or Sole Proprietorship.
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What is sole proprietorship?</h2>
A sole proprietorship is an unincorporated company that is run and owned by one person. This type of business structure is the simplest because there is no legal distinction between the owner and the business.
The proprietor or dealer who owns the business uses their legal identity to carry on business. By registering a trade name with their local authority, they can also decide to conduct business under a different name.
This kind of business is the least expensive to launch. Small enterprises, independent contractors, and other people who work for themselves frequently use it because of this.
When the business owner decides or upon their passing, a sole proprietorship starts and ends.
To know more about Sole Proprietorship, refer to-
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Answer:
The answer is B. Expressive social style.
Explanation:
From the details given about Joann, the characteristics she portrays shows her as an individual with an expressives social style.
Individuals with expressive social styles prefer seeks personal approval and more willing to make their feelings known to others. The expressives are characterized by high assertiveness and high responsiveness.
What are the typical fees banks charge?
Answer:
if, before the sale, notice is given to Fertile Farm.
Explanation:
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