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    ashs2's Avatar
    ashs2 Posts: 2, Reputation: 1
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    #1

    May 8, 2011, 02:13 AM
    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?
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #2

    May 8, 2011, 05:32 AM
    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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