Granval is concerned about the risks involved in launching a new business, especially the financial risks....

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Operations Management

Granval is concerned about the risks involved in launching a newbusiness, especially the financial risks. If he chooses the soleproprietorship form of ownership, his liability is ________.
Group of answer choices
a) shared with his investors
b) limited to the amount of his taxes
c) shared with his creditors
d) unlimited
is an important part of researching a firm's feasibility.
Group of answer choices
a) Researching the legal business forms
b) Pinpointing potential competitive advantages
c) Identifying potential opportunities
d) Exploring finance options

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Q Granval is concerned about the risks involved in launching a new business especially the financial risks If he chooses the sole proprietorship form of ownership his liability is Unlimited Justification Unlimited liability refers to the complete legal responsibility the owners or the stakeholders shall assume for all the liabilities and debts See Answer

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