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Q: 2. As a sole proprietor, Jessica took out a loan to buy equipment for her in-home business. If Jessica's business does not make enough money to pay back her loan, she will have to sell personal
property to cover her outstanding obligation. Which of the following conditions affects sole proprieters but not other business organizations? (1 point) unlimited personal liability personal obligation proprietary liability obligatory property
A: Which of the following conditions affects sole proprietors but not other business organizations? unlimited personal liability.
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User: 2. As a sole proprietor, Jessica took out a loan to buy equipment for her in-home business. If Jessica's business does not make enough money to pay back her loan, she will have to sell personal property to cover her outstanding obligation. Which of the following conditions affects sole proprieters but not other business organizations? (1 point) unlimited personal liability personal obligation proprietary liability obligatory property

Weegy: Which of the following conditions affects sole proprietors but not other business organizations? unlimited personal liability.
yeswey|Points 2438|

User: 3. Who faces limited liability for the firm's debts in a corporation? (1 point)

User: 3. Who faces limited liability for the firm's debts in a corporation? (1 point) the corporation, but not its owners individual stockholders No one, only general liability can be faced. the chief executive officer

Weegy: Stockholders faces limited liability for the firm's debts in a corporation.
Expert answered|jeifunk|Points 8993|

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Asked 3/13/2013 6:38:49 AM
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