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True or False: A sole proprietor is personally responsible for all of the businesses debts, and may be legally required to pay off those debts with personal assets. True False

True or False: A sole proprietor is personally responsible for all of the businesses debts, and may be legally required to pay off those debts with personal assets. True False
asked 188k views
3 votes
True or False: A sole proprietor is personally responsible for all of the businesses debts, and may be legally required to pay off those debts with personal assets.

True
False

asked
User Maurits
by
8.5k points

1 Answer

4 votes
i have to guess true
answered
User AniV
by
8.3k points
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