Home
Class 11
BUSINESS STUDIES
Sir Ran started a confectionery business...

Sir Ran started a confectionery business few years back. Due to continuous losses in business he decided to close the business. He owes Rs. 4 lacs to supplier firm who he had been taking goods on credit. His business funds are insufficient to repay the debis. Can supplier recover the funds from the personal assets of Sir Ram as his business assets are insufficient to rapay the debts, why or why not.

Promotional Banner

Similar Questions

Explore conceptually related problems

What is business finance ? Why do businesses need funds ? Explain.

Recommended Questions
  1. Sir Ran started a confectionery business few years back. Due to contin...

    Text Solution

    |

  2. क्लोरोफॉर्म को प्रकाश एवं वायु के प्रभाव से बचाने के लिए क्या सावधानि...

    Text Solution

    |

  3. विभिन्नताए क्या है ? विभिन्नता के कारण सविस्तार लिखिए !

    Text Solution

    |

  4. अम्ल वर्षा क्या है ? ओोघोगिक संस्थानों में प्रयुक्त होने वाले ईंधनों द...

    Text Solution

    |

  5. 60 W-220 V तथा 100 W-220 V के दो बल्ब श्रेणीक्रम में जोड़कर 220 व...

    Text Solution

    |

  6. एक व्यक्ति ₹ 1000 का नोट लेकर बैंक जाता है। वह कैशियर से बदले में केवल...

    Text Solution

    |

  7. श्री मोहित ने एक निश्चित दूरी के लिए ट्रेडमिल पर चलने का फैसला किया है...

    Text Solution

    |

  8. ठोस पदार्थो में दोष (defects in solids) से संबंधित कौन-सा (से) वक्तव्...

    Text Solution

    |

  9. क्या निम्नलिखित अभिक्रियाएं संभव है ? (a) Br(2(l))+CaI(2(aq.))to (...

    Text Solution

    |