Receivership

question 7

Multiple Choice

Receivership:

• A)involves winding up a company.
• B)indicates that the life of the business is coming to an end.
• C)occurs when a person is appointed to manage an asset with a view to realising the asset and repaying a debt.
• D)involves liquidating a company.

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Definitions:

Radical Reconstruction

A period after the American Civil War during which the federal government took extensive measures to rebuild and reform the Southern states that had seceded.

Public Education

A system of education that is universally available and typically funded by the government.

Civil Rights Era

A historical period, primarily during the 1950s and 1960s in the United States, characterized by mass mobilization and movements to end racial segregation and discrimination against African Americans and to secure legal recognition and federal protection of the citizenship rights enumerated in the Constitution and federal law.

Second Reconstruction

A term used to describe the period of civil rights struggle and legislative action in the United States during the 1960s and 1970s.