When a Company Closes and Sells Its Assets in Order

question 31

Multiple Choice

When a company closes and sells its assets in order to pay its debts, it is called __________.

• A) divestiture
• B) liquidation
• C) diversification
• D) restructuring

---

Definitions:

Punctuated Correctly

The correct use of punctuation marks in writing to clarify meaning and indicate pauses, stops, or the structure of sentences.

Conjunctions

Words used to connect clauses or sentences or to coordinate words in the same clause.

Conjunctive Adverbs

Words that connect two independent clauses together, providing a smooth transition between ideas.

Punctuated Correctly

The proper use of symbols such as periods, commas, and question marks to clarify the meaning of written text.