Which type of business is defined in part by its unlimited liability?

History

1 answer:

nadya68 [22]3 years ago

4 0

sole proprietorship

This is a business, unincorporated,run by an individual with no distinction between the owner and the business. The owner is not only entitled to all the profits but also,in case business goes wrong, is responsible solely for the losses. In addition, there is no distinction between the owner and the debt, such that in case the business goes into debt the responsibility for paying these debts rests on owner.

You might be interested in

Which was NOT a technology found in Indian civilization?

Slav-nsk [51]

The Idea of Zero: It's the one of the most important number in the whole of maths!

3 0

1 year ago

One effect of the Sputnik launch was the passage of the National Defense Education Act, which provided funding for:

Scrat [10]

Answer: Science and math education

Explanation: hope it helps :)

5 0

3 years ago

Base your answer to question 43 on the passage

Serhud [2]

The major conclusion that can be reached about the global economy that is
<span>best supported by this 2008 passage, is that communication has drastically increased. </span>

6 0

3 years ago

What do the House of Representatives do during the decision making of the election?

Rus_ich [418]

<h2>What do the House of Representatives do during the decision making of the election?</h2><h3>The House Of Representatives elects the president if no candidate receives a majority of votes in the Electoral College, The 12th Amendment establishes this option.</h3><h3 />

<em>Hope I helped. :)</em>

<em />

<em>- Valenteer</em>

<em />

<em>(Please mark me as brainliest if this helped, that would be beneficial!)</em>

<em />

<em>(Thx for the points!)</em>

3 0

3 years ago

Evaluate the effectiveness of Jefferson's Indian policy

sukhopar [10]

I’m not sure sorry :(

3 0

2 years ago