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ERS AN Section 1 of 3| Section A Question #5 Revisit A husband typically makes the wife a partner in his firm to ensure complete
ERS AN Section 1 of 3| Section A Question #5 Revisit A husband typically makes the wife a partner in his firm to ensure complete control in a business family. As a result, the wife has little idea of the business activities and dealings. Only when the firm defaults in repayment of a loan, the wife realises the consequences of signing the documents without being fully aware of the repercussions. [2+4] MARKS A. Can a lender attach any asset that belongs to the wife to recover the loan? B. State your reasons
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