homework 4 0.0 / 5 ? Business Studieslimited and unlimted liabiltyGCSEEdexcel Created by: alina gillCreated on: 12-05-14 13:45 the legal responsibility of a business towards its debts liabilty 1 of 5 when a business is owned by one person sole traders 2 of 5 anys debts incurred by the business belong to the business limited liability 3 of 5 owner is responsible for any debts of the business unlimited liability 4 of 5 limited liability businesses are usually owned by private limited companies 5 of 5
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