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प्रश्न
What is unlimited liability?
लघु उत्तरीय
उत्तर
The liability of the proprietor for the debts of the business is unlimited. The creditors have the right to recover their dues even from the personal property of the proprietor in case the business assets are not sufficient to pay their debts.
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Characteristics of a Sole Trader
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
