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Liability of a Sole trader is:

ALimited by Guarantee

BLimited by Shares

CUnlimited

DNone of these

Answer:

C. Unlimited


Related Questions:

Checking of the accounts and posting to subsidiary books and other ledgers is called :
The document which contains the terms and conditions of partnership is :

A banker may refuse to honor a cheque if:

  1. There is a legal bar preventing the payment of the cheque

  2. The cheque is handwritten

  3. The customer has made any online transaction on the same day

Income tax paid on behalf of the proprietor:
Cash discount is allowed for :