What is the term that describes the fact that owners of sole proprietorships and partnerships arunlimited liabilitye totally personally responsible for all the debts of their firms?

What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.