Answered step by step
Verified Expert Solution
Question
1 Approved Answer
kaviraj enterprises was a small business firm carrying on trade in textiles . in letter heads and bills, it printed the name of one anil
kaviraj enterprises was a small business firm carrying on trade in textiles . in letter heads and bills, it printed the name of one anil chand, a rich man of locality as one of the partners, though he was not in any way involved in business. anil chand's family use to frequent the shop and buy clothing and he used to settle the bills monthly. in course of time, kaviraj enterprises incurred heavy losses and its creditors filed a case against anil chand to recover a substantial part of debt. can anil chand be sued by the creditors?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started