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Q: What type of liability does a sole trader have?
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Explain the significance of limited liability to sole trader and partnership?

Type Explain the significance of limited liability to sole trader


What is the liability of sole trader?

a sole trader has a limited liability. :)


Public liability insurance for a 16 year old sole trader?

public liability for a 16 year old mechanic


Sole trader case study?

Sole trader case study will reveal how this type business is conducted. This is a business which is owned by one person and is commonly referred to a sole proprietorship.


Features of private sector?

They are funded by the owners or shareholdersThey have limited liability if they are a limited company such as a LTD and they have unlimited liability if they are a sole trader or partnershipLovee from Mr. Pickles ;)


What type of business a sole trader could change into?

a partnership.


What is a function of a sole trader?

Sole trader it means Sole trade agence?


What is the function of sole trader?

Sole trader it means Sole trade agence?


What is a function of the sole trader?

Sole trader it means Sole trade agence?


How do you set up a sole trader?

advantages of a sole trader


Differences between sole trader and partnership?

A sole trader is an individual who owns a business entirely where as, a partnership is a busines entity comprised of two or more individuals. A sole trader would become personally liable for paying the debts where as in partnership, personal liability is shared, meaning that all partners will be liable to cover the compay's debts. A sole trader is solely responsible for the financial dealings where as in partnership, all partners contribute towards capital in the firm.


Is body shop a sole trader?

Yes body shop is a sole trader.