Debts May Be Admitted by a Liquidator to a Liquidation

question 15

True/False

Debts may be admitted by a liquidator to a liquidation without formal proof of the debt.

---

Definitions:

Relationship Selling

A sales approach focusing on building long-term relationships with customers, rather than on individual transactions.

Transaction Selling

Transaction Selling focuses on immediate sales without necessarily building long-term customer relationships, prioritizing quick deals and exchanges.

Partnering/Consultative Selling

A sales approach that focuses on building long-term relationships by providing value and advice, rather than just selling products.

Cognitive Dissonance

A psychological phenomenon where an individual experiences mental discomfort or stress from holding two or more conflicting beliefs, values, or attitudes.