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प्रश्न
The liability of a sole proprietor is limited to the assets of the business.
पर्याय
True
False
MCQ
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उत्तर
False
Explanation:
In a sole proprietorship, the owner is completely responsible for everything. If a business doesn’t have enough assets to cover its debts, the owner’s personal property, such as their home, savings, gold, and so on, can also be used to settle the debts.
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