multiple choice question\nunlimited liability as it relates to sole proprietorships is the risk of…

multiple choice question\nunlimited liability as it relates to sole proprietorships is the risk of ______.\no losing money rather than making a profit\no losing ones personal freedom to run the business\no losing your personal assets\no unlimited taxation

multiple choice question\nunlimited liability as it relates to sole proprietorships is the risk of ______.\no losing money rather than making a profit\no losing ones personal freedom to run the business\no losing your personal assets\no unlimited taxation

Answer

Brief Explanations:

In a sole proprietorship, the owner is personally liable for all debts and obligations of the business. This means personal assets can be used to satisfy business - related debts.

Answer:

losing your personal assets