Who is responsible for the obligations of a business that is carried on by a sole proprietor?

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Who is responsible for the obligations of a business that is carried on by a sole proprietor? What does this mean in practice for sole proprietors?

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Managing the Law The Legal Aspects of Doing Business

ISBN: 978-0133847154

5th edition

Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer

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Question Posted: Jun 03, 2019 09:17 AM

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Who is responsible for the obligations of a business that is carried on by a sole proprietor?

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The sole proprietor is exclusively responsible for all the obligations of the sole pro...View the full answer

Managing the Law The Legal Aspects of Doing Business

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