Drawback=sole Trader Flashcards
1
Q
1
A
Unlimited liability
2
Q
2
A
Increased risk of investment
3
Q
3
A
If business debts exceed business assets
4
Q
4
A
May need to sell personal possessions
5
Q
5
A
This increased risk will make investment less attractive
6
Q
6
A
Leading to reduced risk of investment
7
Q
7
A
Less capital
8
Q
8
A
Reduced assets
