Jamie and maria invested all of their savings in a small pizzeria they opened outside the university of western kentucky. they operated the business as a general partnership. after 11 months they business went broke and jamie and maria were left with outstanding bills of $37,500, which is more than their investment in the company. jamie and maria can:

Sell their personal assets

Explanation: In the given case, James and Maria were the owners of a firm which has a partnership structure and not the company structure. As per the law, the owners and the firm in a partnership structure would not be considered as two separate legal entities.

In case of any default or liquidation , the personal assets of the owners of the firm could be taken into consideration for repayments of debt.

Hence Maria and Jamie can sell their assets to repay $37,500.

a

b

b

a

c

b

d

d

none of these are correct, as they are all sources of american law

a

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