SCENERIO 2: Merchant A transferred her restaurant (her commercial enterprise) to B on 10.06.2020. After the transfer of the enterprise to B, C submitted that he provided 10000 bottles of Coco-Cola to the restaurant before the transfer of the enterprise and the payment date for these drinks was on 05.05.2020. C also submitted that no payment was made to himself by A. QUESTION 2: According to the scenario 2 given above, choose the correct statement among followings: A) Since the payment date for the drinks was before the date of the transfer of the commercial enterprise in other words since the debt arose before the date of the transfer of the commercial enterprise, C can claim the payment for drinks only from A. B) B's liability for the debt related to commercial enterprise is limited with those which arise after the date of the transfer of the commercial enterprise C) Liability of A for the debt against C are limited with two years period of time. D) A and B are jointly liable for the debt which arose before the date of the transfer of commercial enterprise and after the date of the transfer of commercial enterprise. E) B is liable for the debt against C on her own.
SCENERIO 2: Merchant A transferred her restaurant (her commercial enterprise) to B on 10.06.2020. After the transfer of the enterprise to B, C submitted that he provided 10000 bottles of Coco-Cola to the restaurant before the transfer of the enterprise and the payment date for these drinks was on 05.05.2020. C also submitted that no payment was made to himself by A. QUESTION 2: According to the scenario 2 given above, choose the correct statement among followings: A) Since the payment date for the drinks was before the date of the transfer of the commercial enterprise in other words since the debt arose before the date of the transfer of the commercial enterprise, C can claim the payment for drinks only from A. B) B's liability for the debt related to commercial enterprise is limited with those which arise after the date of the transfer of the commercial enterprise C) Liability of A for the debt against C are limited with two years period of time. D) A and B are jointly liable for the debt which arose before the date of the transfer of commercial enterprise and after the date of the transfer of commercial enterprise. E) B is liable for the debt against C on her own.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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
Transcribed Image Text:SCENERIO 2: Merchant A transferred her restaurant (her commercial enterprise) to
B on 10.06.2020. After the transfer of the enterprise to B, C submitted that he
provided 10000 bottles of Coco-Cola to the restaurant before the transfer of the
enterprise and the payment date for these drinks was on 05.05.2020. C also
submitted that no payment was made to himself by A.
QUESTION 2: According to the scenario 2 given above, choose the correct
statement among followings:
..
A) Since the payment date for the drinks was before the date of the transfer of the
commercial enterprise in other words since the debt arose before the date of
the transfer of the commercial enterprise, C can claim the payment for drinks
only from A.
B) B's liability for the debt related to commercial enterprise is limited with those
which arise after the date of the transfer of the commercial enterprise
C) Liability of A for the debt against C are limited with two years period of time.
D) A and B are jointly liable for the debt which arose before the date of the
transfer of commercial enterprise and after the date of the transfer of
commercial enterprise.
E) B is liable for the debt against C on her own.
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