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What form of organization will give creditors the maximum protection in the event that regal signsregal signs​, ​inc., fails and cannot pay its​ debts?
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What form of organization will give creditors the maximum protection in the event that regal signsregal signs​, ​inc., fails and cannot pay its​ debts?

User Derek Slager
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1 Answer

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This form of organization is called as partnership. This gives a safety to the creditors because if the partnership fails and cannot pay back then the partner would have to pay from their personal assets. Then there would be the case of not pay paying the debts to the creditors.
User Farhan C K
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