Three friends agreed to start a printing business called BZ printing. The manager is Lorine...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Three friends agreed to start a printing business called BZ printing. The manager is Lorine and the assistant manager are Jarret and Sandra. After one month of the business being established, the manager, Lorine, decided to renovate their office and the cost to be paid using a loan from Bank of Newington is $200k.
Question
Newington Bank is considering legal action because it has not received any loan repayment. Assist the company in identifying who is liable for the debt.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!