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    Financial Accounting
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    Exam 1: The Role of Accounting in Decision Making
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    If a Proprietorship Cannot Pay Its Debts,the Creditors May Make
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If a Proprietorship Cannot Pay Its Debts,the Creditors May Make

Question 54

Question 54

Multiple Choice

If a proprietorship cannot pay its debts,the creditors may make claims against the:


A) state government.
B) employees of the business.
C) assets of the proprietorship only.
D) assets of the proprietor.

Correct Answer:

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