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bigcaat bigcaat
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6 years ago
Bo Red operated Bo’s Appliance, a retail appliance business, from premises he was leasing. He sold his complete inventory to a competitor, Mom's Appliance Warehouse Inc., for $100 000. He then carried on business from the premises devoted solely to selling compact discs, records, and DVDs. This business operation was greatly diminished from the previous appliance operation. The creditors of Bo in relation to the appliance business are unpaid and just now discover, two months after the sale to Mom's Appliance, that Bo is no longer in the appliance business. What remedies, if any, do Bo's Appliance’s creditors have?
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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AlexStanfordAlexStanford
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6 years ago
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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