Which of the following describes the liability of a sole trader for the debts of the business?
A、Unlimited liability
B、Limited by the amount they guarantee to pay on winding-up
C、Limited by the amount of capital in the business
A、Unlimited liability
B、Limited by the amount they guarantee to pay on winding-up
C、Limited by the amount of capital in the business
【参考答案及解析】
A sole trader has unlimited liability for the debts of the business.
A sole trader has unlimited liability for the debts of the business.