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the business assets of an organisation …

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the business assets of an organisation amount to rs. 50,000 but the debts that remain unpaid are rs.80,000.what cource of action can the creditors take if (a) the organisation is a sole proprietorship firm (b) the organisation is a partnership firm with Anthony and Akbar as partners. which of the two partners can the creditors approach for repayment of debts?explain giving reasons.

Posted by Aishwarya Joshi 6 years, 5 months ago

CBSE > Class 11 > Business Studies

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