Merits And Limitations Of Sole Proprietorship

Concepts And Features Of Sole Proprietorship

Merits And Limitations Of Cooperative Society

Merits And Limitations Of Joint Stock Company

Merits And Limitations Of Joint Hindu Family

The business assets of a firm are worth ₹ 2, 00 , 000 but the debts remain unpaid are worth ₹ 3,00,000 . What course of action can the creditors take in the following cases ? (a) The organisation is a sole proprietorship firm . (b) The organisation is a partnership firm with A and B , two partners sharing profit equally .