Which of the following statemerts is s diflerence between a sole frader and a imited comalny? Select one: A. It a lmined compary becomes molvent the cunens are lable for the entire debt, whereas sple traders are not. a. Sole trader butinesses are legal entities in their can right whereas a limited company is not. C. in the UK, seie traders do not have to comply with the Companies Act 2006 , Whereas limited companies do 2. The statement of profit or loss for a sole trider has a much stericter format than the stamentent that limited companies product. Which of the following statemerts is s diflerence between a sole frader and a imited comalny? Select one: A. It a lmined compary becomes molvent the cunens are lable for the entire debt, whereas sple traders are not. a. Sole trader butinesses are legal entities in their can right whereas a limited company is not. C. in the UK, seie traders do not have to comply with the Companies Act 2006 , Whereas limited companies do 2. The statement of profit or loss for a sole trider has a much stericter format than the stamentent that limited companies product