liability and finance

Question 1

what is meant by unlimited liability

Answer 1

finances are inseparable from finances of the owner

Question 2

how are unlimited liability businesses financed

Answer 2

owners savings
trade credit
bank finance
leasing

Question 3

what is meant by limited liability

Answer 3

finances kept within a business

Question 4

how can limited liability businesses be financed

Answer 4

share capital 
bank 
business angel 
venture capital 
leasing 
peer to peer funding