The liability of a sole proprietor is:
In a sole proprietorship, the liability of the sole proprietor is unlimited. This means that the owner is personally responsible for all the debts and obligations of the business. In the event of business losses or liabilities exceeding the business assets, the personal assets of the sole proprietor can be used to settle the business debts.
What is the average thickness of the continental crust of earth?
Which of the following is an example of revenue receipt in the government budget?
What was the penalty amount imposed by the Reserve Bank of India (RBI) on Bank of Baroda (BOB) for a shortfall in soiled note remittances?
Moatsu festival of Nagaland is celebrated by which of the following tribes?
Which of the following locations is not part of the tropical archipelago of Lakshadweep, consisting of 36 atolls and coral reefs situated in the Laccadi...
In 1932, who founded the 'All India Harijan Sangh', also known as 'Harijan Sevak Sangh'?
Schedule commercial bank status is not given to?
Which Indian Naval ships completed their visit to Manila, Philippines as part of the operational deployment of the Eastern Fleet to the South China Sea?
Which is the National Animal of India?
Which instrument is predominantly used in both, Hindustani and Carnatic music? It does not play melody but supports the singer or another instrument.