Any suit against the business or its employees does not lead to unlimited personal liability for the owner of a sole proprietorship.

Name: Any suit against the business or its employees does not lead to unlimited personal liability for the owner of a sole proprietorship.
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Question

Quizplus · Accepted Answer

In a sole proprietorship, the owner has unlimited personal liability, meaning they are personally responsible for any debts or legal actions against the business.

Any Suit Against the Business or Its Employees Does Not