Betty,the manager of The Great Retail Store,purchases a variety of merchandise on credit.When Betty quits,what notice must The Great Retail Store provide to its creditors?

Question

Quizplus · Accepted Answer

The Great Retail Store should send an actual notice to parties Betty has done credit business with and place an advertised notice in a newspaper of general circulation to the rest of the public. This is required to inform Betty's creditors that she is no longer associated with The Great Retail Store and that they should direct any future credit inquiries to her personally.

Betty,the Manager of the Great Retail Store,purchases a Variety of Merchandise