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-   -   Sole trader's liability (https://www.askmehelpdesk.com/showthread.php?t=575129)

  • May 8, 2011, 02:13 AM
    ashs2
    Sole trader's liability
    A bank is considering making a loan to a sole trader, what are two reasons the fact the company is a sole trader might affect the banks decision to provide the loan?
  • May 8, 2011, 05:32 AM
    joypulv
    You are supposed to at least try to answer your homework yourself first.
    Sole trader, what is that? One person business, or one product?
    The owner might get sick/injured/arrested/lose reputation/die, the product might be suddenly obsolete. Just off the top of my head.

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