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Company Winding Up Process Quiz

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Questions and Answers

What is the term for the process of converting a company's assets into cash to pay off its debts?

Incorporation

Dissolution

Liquidation (correct)

Amalgamation

Which of the following refers to the combining of two or more companies into a single new company?

Dissolution

Liquidation

Incorporation

Amalgamation (correct)

What is the process called when a company is brought to an end?

Dissolution (correct)

Liquidation

Incorporation

Amalgamation

Company Winding Up Process Quiz

Choose a study mode

Podcast

Questions and Answers

What is the term for the process of converting a company's assets into cash to pay off its debts?

Which of the following refers to the combining of two or more companies into a single new company?

What is the process called when a company is brought to an end?

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