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:

Blaming the Victim

The tendency to hold individuals responsible for the misfortunes that befall them, often ignoring external factors that may have contributed.

Deindustrialization

The transformation of an economy from one based on manufacturing to one based on services.

Structural Variables

Components of social, economic, or political structures that can affect outcomes in research or the understanding of societal phenomena, including factors like class, race, and gender.

Social Inequality

Exists when certain attributes affect a person’s access to socially valued resources.