Liquidation of limited liability company implies that the?

Liquidation of limited liability company implies that the?
  • A.
    company may not pay its debt
  • B.
    debts of the company can only be paid from its own assets
  • C.
    debts of the company are paid from both business and private funds of the owners
  • D.
    debts of the company musts be paid from public funds only
Correct Answer: Option B
Explanation
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