• Card 38 / 79: If a sole proprietorship owes money to creditors:
    A) the owner is personally liable.
    B) the owner is only liable to the extent of his or her investment.
    C) the owner has no liability.
    D) investors are only liable to the extent of their investments.

    Answer:
    A) the owner is personally liable.

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https://www.jobilize.com/business-law-ethics-by-kevin-moquin

Business Law & Ethics

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Attribution:  Kevin Moquin. Business Law & Ethics. The Saylor Academy 2014, http://www.saylor.org/courses/bus205/
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