) Which of the following statement is not correct about a sole trader business? option: A. sole trader has a limited liability. B. sole trader has an unlimited liability. C. the owner must bear the loss of the business. D. sole trader is not a separate legal entity. reqiured: please answer this question by choosing the correct answ

) Which of the following statement is not correct about a sole trader business? option: A. sole trader has a limited liability. B. sole trader has an unlimited liability. C. the owner must bear the loss of the business. D. sole trader is not a separate legal entity. reqiured: please answer this question by choosing the correct answ

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter18: Comparative Forms Of Doing Business

Section: Chapter Questions

Problem 5P

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Question: 1) Which of the following statement is not correct about a sole trader business? option: A. sole trader has a limited liability. B. sole trader has an unlimited liability. C. the owner must bear the loss of the business. D. sole trader is not a separate legal entity. reqiured: please answer this question by choosing the correct answer.

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