What Is the Main Objective of a Receiver

question 40

Multiple Choice

What is the main objective of a receiver?

• A)To better manage a business and get it out of trouble.
• B)To sell the assets of a business and generate as much money as possible.
• C)To manage a business and deal with its assets in a way that will enable it to repay a debt owed to the creditor by whom they were appointed.
• D)To wind up the business.

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Definitions:

Inclusive

Characterized by practices that ensure equal access, opportunities, and participation for all, regardless of differences or disabilities.

Substantial Quantity

A considerably large amount or volume of something.

Social Conscious

An awareness of the problems and injustices within society and the motivation to take action to address them.

Respondent Conditioning

A learning process in which a biologically potent stimulus becomes associated with a previously neutral stimulus.