Which has unlimited liability you can pick more than one
A. sole proprietorship
B. General partnership
C corporation
Both A. sole proprietorship and B. general partnership have unlimited liability.
The types of business entities that have unlimited liability are:
1. Sole Proprietorship: As a sole proprietor, you are personally liable for all the debts and obligations of your business. There is no separation between personal and business assets, so your personal assets can be used to satisfy business debts.
2. General Partnership: In a general partnership, all partners have unlimited personal liability for the partnership's debts and obligations. Each partner is individually and collectively responsible for the partnership's obligations.
Therefore, both A. Sole Proprietorship and B. General Partnership have unlimited liability. C. Corporation is not a business entity with unlimited liability since it provides limited liability protection for its shareholders.