Question

32.
If a business suffers heavy losses and its assets are
not enough to pay off its liabilities. Can the balance
be recovered from the private assets of its owners?
Explain your answers by considering the following
cases:
(a)
Partnership business
(b)
Joint stock company
(c)
Hindu undivided family business
Tour Electricals Limited (BHEL), Steel​

Answer 1

Answer:

it's joint stock company