so they would have unlimited liability.
unlimited liability
unlimited liability
When an owner has unlimited liability and collects all of the profits for the business they are considered a sole proprietor. They can make all of the decisions about the business without dealing with a partner.
Partnerships have unlimited liability, while corporations have limited liability.
i think its unlimited liability
so they would have unlimited liability.
limited liability.
A type of investment in which a partner or investor can lose an unlimited amount of money. Opposite of limited liability.
it is a plc therefore it has unlimited liabilty, it's shareholders however, have limited liability.
Partnerships have unlimited liability, while corporations have limited liability.
The term unlimited liability means that you are not protected from the liabilities of your company. To avoid this situation, you can start a corporation.
The liability of various forms of business are as follows: Partnership: The liability of the partners is joint, several and unlimited. Sole proprietorship: The liability is of the proprietor is unlimited. LLP: The liability is limited by MOA and AOA.
Proprietorship. (:
unlimited liability
Proprietorship. (:
check