Question

multiple choice question
the disadvantage of sole proprietorships is that any debts or losses incurred by the business are your debts because you and the business are legally one and you have

unlimited liability
no responsibility for the debts
legal protection from debt
limited liability

Explanation:

In sole proprietorships, the owner and the business are legally the same entity. So, the owner is personally liable for all debts and losses, which is known as unlimited liability.

Answer:

unlimited liability