Basque PAU Business Model Design Practice Questions - Basque Country PAU Business & Business Model Design Examination - UPV EHU (2o Bachillerato 2026) Exam

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What is the primary financial liability characteristic of a sole proprietor (Empresario Individual / Autónomo) in Spain?

Subsidiary liability restricted to real estate properties registered under the commercial registry. Unlimited personal liability, risking both personal and business assets to meet business obligations. Joint liability shared equally among immediate family members. Limited liability capped strictly at the capital contributed to the business account.

Correct Answer:

Unlimited personal liability, risking both personal and business assets to meet business obligations.

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