In a sole proprietor ownership, if business assets are not enough to pay business debts, then personal assets, such as the sole proprietor's house, personal investments, and retirement plans can be used to pay the debt. this is called

unlimited liability

Explanation:

unlimited liability

unlimited liability means that if company assets are not sufficient to pay business liabilities, personal property such as the sole owner's house, stock holdings or pension plans may be used to pay off the balance.

If your type of company has the power for someone to take legal action against you for errors on your part, you might not want to perform as a sole proprietorship.

A sole owner is solely responsible for all of the company's debts and liabilities.

apart from being against desegregation, governor of georgia eugene talmadge opposed as well to the work progress administration, an ambitious program of the "new deal" created by president franklin d. roosevelt to overcome the great depression after world war i. talmadge disagreed with welfare spending, job training and organized labor. according to his ideas, he thought the government was spending too much money on this, and he wasn't willing to accept a wage higher than georgia's lower average wage. besides, talmadge strongly opposed to the "new deal" as he thought it had communist ideas.

abu bakr, was a senior companion and—through his daughter aisha—a father-in-law of the islamic prophet muhammad. abu bakr became the first openly declared muslim outside muhammad's family. abu bakr served as a trusted advisor to muhammad.