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An unlimited liability for business debts and less capital for growth...

This question belongs to Commerce Financial Management
Financial Management
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An unlimited liability for business debts and less capital for growth are limitations of

Answer & Solution
Correct Answer: Option A
An unlimited liability for business debts and less capital for growth are limitations of proprietorship. Since the owner takes all the profits, he must also accept full personal responsibility for all the losses, even to the extent of his personal possessions.
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