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1.2.3 Limited liability and choosing a structure
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Unlimited and Limited Liability

Unlimited and Limited Liability

Unlimited liability means that the owner is personally responsible for all the debts of an unincorporated business. If the business cannot pay, personal possessions such as savings, a car or a home may be sold to settle the debt.

1.2.3 Limited liability and choosing a structure Lesson

  1. GCSE
  2. /Business
  3. /1.2.3 Limited liability and choosing a structure

Step-by-step lessons on AQA GCSE Business 1.2.3 Limited liability and choosing a structure. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.

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