At the collapse of a business enterprises, the person appointed to dispose off the assets is called
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Correct Answer: Option D
Explanation:
A liquidator is appointed to wind up a business and deal with its assets and liabilities. The liquidator may sell the assets and use the proceeds to settle the company's outstanding obligations before the business is formally closed.
A liquidator is appointed to wind up a business and deal with its assets and liabilities. The liquidator may sell the assets and use the proceeds to settle the company's outstanding obligations before the business is formally closed.