Unlimited Liability Is an Advantage of a Sole Proprietorship

question 43

True/False

Unlimited liability is an advantage of a sole proprietorship.

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Definitions:

Forest Stewardship Council

An international non-profit organization that sets standards for responsible forest management to ensure environmental sustainability, social benefit, and economic viability.

Sustainable Forestry Initiative

A program promoting responsible forest management practices that maintain the ecological, social, and economic values of forests.

Biodiversity

The variety of life in the world or in a particular habitat or ecosystem.

Ecosystem Approach

A strategy for the integrated management of land, water, and living resources that promotes conservation and sustainable use in an equitable way.