The doctrine that allows a creditor to seek recovery from the purchaser of assets even when the
Fantastic news! We've Found the answer you've been seeking!
Question:
The doctrine that allows a creditor to seek recovery from the purchaser of assets even when the purchaser did not expressly assume such liabilities as part of the purchase is called
Successor liability
Contributory liability
Unlimited liability
Joint and several liability
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date: