unlimited liability means?

unlimited liability means?
  • A.
    The government can tax a company without limit
  • B.
    The debts of a company must be paid out of it assets
  • C.
    A company ceases to exist at the death of one of its owners
  • D.
    A firm must pay its debts from business as well as private funds
  • E.
    None of the above
Correct Answer: Option D
Explanation
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