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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