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Q: Why is unlimited liabilty a disadvantage?
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Does tesco plc have limited or unlimited liability?

it is a plc therefore it has unlimited liabilty, it's shareholders however, have limited liability.


What are the advantage and disadvantage of a partnership?

*availability of large resousces *better decisions *unlimited liability *lack of harmony *availability of large resousces *better decisions *unlimited liability *lack of harmony


What are the disadvantage of a sole proprietorship?

unlimited liability, losses are only borne by the owner, single person's opinions in decision making may lead to less productive decisions.


Are notes payable an example of an asset?

no, they are an example of a liabilty


What is the normal balance of a liabilty account?

A liability account normally has a credit balance.


Why is liability insurance important in the medical office?

why is liabilty insurance important in the medical office


What are advantages of using fusion as an energy source?

Relatively clean energy, and abundant, almost unlimited, fuel. The main DISADVANTAGE is mankind didn't manage to make it work yet.


Advantage and disadvantage of sole proprietorship?

Advantage: Easy to set up and manage, full control over decision-making, simplified tax reporting as business income is reported on personal tax return. Disadvantage: Unlimited personal liability, limited access to capital, potential difficulty in attracting investors or partners.


What are two advantages of using fusion as an energy source?

Relatively clean energy, and abundant, almost unlimited, fuel. The main DISADVANTAGE is mankind didn't manage to make it work yet.


Is dictatorship unlimited or unlimited?

unlimited


What are the advantages and disadvantages of personal savings?

•Advantage: unlimited, the more you save the more you have to spend •Advantage: You have full control of your personal savings and you decide what to do with it. •Advantage: no interest •Disadvantage: it takes time to save up money • disadvantage: temptation to spend some of your savings is never too far away.


Is communism a limited or unlimited government?

Unlimited.