9.
The business assets of an
organisation amounts to
Rs.50,000, but the debts that
remain unpaid are Rs.80,000.
What course of action can the
creditors take if : a) the
organisation is a sole
proprietorship firm. b) the
organisation is a partnership firm
with Arjun and Akhil as partners,
who share profits and losses
equally. Which of the two partners
can the creditors approach for
repayment of debt? Explain by
giving reasons.
4 Marks
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Answer:
it is fully depends on business which they do
Explanation:
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