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If a Sole Proprietorship Breaches a Contract

Question 18

Multiple Choice

If a sole proprietorship breaches a contract


A) the owner's personal liability is limited to the amount the person invested in the business
B) only the owner's business assets are available to satisfy the other party's claims
C) only the owner's personal assets are available to satisfy the other party's claims
D) all of the owner's business and personal assets are available to satisfy the other party's claims
E) only the insurance provider of the owner is liable to pay the other party's claims

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