Tuesday, July 13, 2010

FIN621 GDB # 3 Idea Solution

IDEA SOLUTION:-


No, the decision is no link with the assets and liabilities of the business as a guarantee to pay debts.

Because Creditors look to solvency of owner, rather than financial position of business.

Refrence.

Page # 107 ,, under the heading Sole proptership line#5

Pls see this solution if u have some different ideas or any other ans than pls share with us.

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