Question
The liability of a sole proprietor
is:Solution
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 term used to describe the rate of return earned by an investor who purchases a bond and holds it until it matures?
The maximum number of directors in a company, without passing a special resolution, can be ________
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What is the loan amount and tenure under the second tranche of finance provided through PM Vishwakarma Scheme?
The primary role of a 'Cost Auditor' is to:
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Voucher relates to _________.
Company issues 5-year debentures ₹1,00,00,000 at par. Issue expenses ₹2,00,000. If company chooses to amortise issue expenses over life of debenture...
Which of the following increases the debt service coverage ratio (DSCR)?
Which among the following would be classified as a part of Internal Liability?
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