Examlex
Which of the following statements is correct?
Renew
To extend the period of validity or operation of something, such as a contract or license.
Dissociate
To separate or remove oneself from a particular association, partnership, or relationship, especially in a legal or formal context.
Wound Up
Completing or finalizing affairs, often in the context of dissolving a company and distributing its assets.
Liquidated
A term referring to a debt or obligation that has been determined, settled, or resolved.
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