Homework Help is Here – Start Your Trial Now!
Business
Operations Management
QUESTION 2: According to the scenario 2 given above, choose the correct statement among followings:

QUESTION 2: According to the scenario 2 given above, choose the correct statement among followings:

Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
ChapterC: Cases
Section: Chapter Questions
Problem 5.2SB
See similar textbooks
icon
Related questions
Question
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 Bare 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.
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 Bare 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.
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Forecasting methods
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS