Which of the following is a true statement regarding Daria's statement that she had no personal liability?
A)She was incorrect.
B)She was correct.
C)She was correct only if she can establish that she has at least 5 employees.
D)She was incorrect unless she signed an agreement with a financial institution in order to get a loan for the business and agreed in the document that she would not accept personal liability for any losses.
E)She was correct only if she can establish that she has paid all her business taxes on time.

Question

Quizplus · Accepted Answer

A)A sole proprietor is personally liable for any losses or obligations associated with
the business.
B)A sole proprietor is personally liable for any losses or obligations associated with the business.
C)A sole proprietor is personally liable for any losses or obligations associated with the business.
D)A sole proprietor is personally liable for any losses or obligations associated with the business.
E)A sole proprietor is personally liable for any losses or obligations associated with the business.

Which of the Following Is a True Statement Regarding Daria's