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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

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
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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 Nazra
by
8.6k points

2 Answers

3 votes

Answer:

true

Step-by-step explanation:

answered
User David Loy
by
8.1k points
4 votes

Answer:

true

Step-by-step explanation:

answered
User Vicente Bolea
by
9.2k points
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