The Complete Termination of a Firm as a Going Business

question 54

Multiple Choice

The complete termination of a firm as a going business concern is called a

• A)merger.
• B)repurchase program.
• C)liquidation.
• D)divestiture.
• E)reorganization.

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Definitions:

Emotional Event

An occurrence that evokes a significant emotional reaction or response.

Physiological Components

The biological parts and processes that make up the physical aspects of a living organism, including tissues, organs, and systems.

Hunger

A physical sensation or condition resulting from a lack of food, leading to a desire to eat.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, suggesting that individuals are motivated by a hierarchy of needs ranging from basic physiological needs to self-actualization.