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Liquidation Process
The process of closing a business, selling its assets, and using the proceeds to pay off its debts, with any remaining funds distributed among shareholders.
Corporate Assets
resources owned by a corporation that have economic value and can be used to meet its financial obligations.
Articles of Merger
Legal documents filed with a governmental entity to officially merge two or more corporations, detailing the terms and conditions of the merger.
Voluntarily Dissolved
Referring to the intentional decision by the owners or stakeholders of a company to legally dissolve the corporation or business.
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