Unlimited Liability Means

question 11

Multiple Choice

Unlimited liability means

• A) when you own your own business you are responsible for all the business debts.
• B) you are only liable for the money you invest in the business.
• C) as a franchisee your franchisor is responsible for the debts of the franchise.
• D) you are liable for whatever advertising promises your firm makes.

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Definitions:

Favorable Response

An answer or reply that expresses approval, agreement, or positive recognition of a request or situation.

Résumé

A document summarizing one's personal information, education, qualifications, and employment experience, used when applying for a job.

Proposal Benefit

A proposal benefit is an advantage or positive outcome that is promised or expected to result from the acceptance and implementation of a proposal.

Heart

A metaphorical or literal term, referring either to the organ that pumps blood through the body or the core, emotional center of something.