The business assets of a firm are worth Rs 70,000 but the debts remain unpaid are worth Rs 1,00,000 What course of action can the creditors take in the following cases (1) The organisation in sole proprietorship firm (ii) The organisation in partnership firm with Anthony and Akbar, two partners sh...

a The organization is a sole proprietorship firm Sole proprietors have unlimited liability This impl ...

The business assets of a firm are worth Rs. 70,000 but the debts remain unpaid are...

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Principles Of Managerial Finance

ISBN: 978-0136119463

13th Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

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