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explain whether the laibility of sole proprietor   is limited to the extent of his share in business

No.. A sole propritor has unlimited liability. It means that if the firms assests are unable to pay the liabilities , the sole proprietor has to pay the liabilities from his personal assets,he will be personally liable for that.
For eg.. X business has liability 30000 and assets 15000, then x has to bring 15000 from his own house to meet the liabilities.
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Explain whether the liability of a sole proprietor is limited to the extent of his share in business?
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In sole proprietorship firm the proprietor is personally liable for all the debts of the business. In case of business losses , if the business assets are not sufficient to meet all business liabilities , then the proprietor may have to sell his personal property to pay off the liabilities.
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No.. A sole propritor has unlimited liability. It means that if the firms assests are unable to pay the liabilities , the sole proprietor has to pay the liabilities from his personal assets,he will be personally liable for that.?
For eg.. A business has liability 30000 and assets 15000, then A has to bring 15000 from his own house to meet the liabilities.
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