"If the business assets are insufficient to pay off liabilities, his/her personal property can be called upon to pay his business debts". Which feature of sole proprietorship is highlighted in this statement?

Limited area of operation Unlimited liability Individual ownership Individual financing

Unlimited liability

Unlimited liability: The proprietor is liable/responsible for all losses arising from business. In case the business assets are insufficient to pay off liabilities, his/her personal property can be called upon to pay his business debts