Corporate Finance Question:
Download Questions PDF

Define the disadvantages of Unlimited Liability in proprietary firms?


In such firms the liability of the owner is unlimited as the owner takes more risk to earn more profits and increase the volume of his business by supplying his personal assets to the business.

Download Corporate Finance Interview Questions And Answers PDF

Previous QuestionNext Question
List the disadvantages of proprietary firms?Define the disadvantages of Limited Financial Resources in proprietary firms?