Parker was the sole proprietor of a toy store. The business had assets of $20,000 and debts of $40,000 . What rights do the creditors of the store have?
The creditors may sue for a judgment against Parker. If the judgment is granted, the creditors may seize the assets of the business and enough of Parker's personal assets to satisfy the judgment.
Business
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Which of the following would NOT be a part of a firm's capital structure?
A) long-term bonds B) common stock C) preferred stock D) short-term notes payable
Business
A use case aims to achieve a specific goal by following a set of steps called a scenario
Indicate whether the statement is true or false
Business