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A theory is a perfect description of reality.
Voluntary
An action undertaken by one's own free will without external coercion or undue influence.
Liquidation
The process of converting a company's assets into cash to pay off creditors before dissolving the company.
Involuntary
Occurring without a person's consent or control, often referring to actions or processes not chosen or intended.
Bankruptcy Estate
The assets that are collected from a debtor who files for bankruptcy.
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