A term that means that business damages and/or debts can also be attached to the personal assets of the owners is ______ liability.
A)limited
B)informal
C)funding
D)unlimited
E)asset

Name: A term that means that business damages and/or debts can also be attached to the personal assets of the owners is ______ liability. A)limited B)informal C)funding D)unlimited E)asset
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Question

Quizplus · Accepted Answer

Unlimited liability means that the personal assets of the business owners can be used to cover the business's debts and liabilities.

A Term That Means That Business Damages And/or Debts Can