Unlimited liability in business implies that the
- risk of the owner is limited only to the amount invested
- debts are paid with subventions
- property of the owners should not be used to secure loans
-
owners private property can be used to settle the business debts
The correct answer is: D
Explanation
Unlimited liability means you are exposed to potential losses based on company obligations. In the event of liquidation the personal property of its owner is used to settle the business debt