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Liquidator is paid ___ for doing the liquidation worka) remunerationb) cash flowc) funds flowd) discount |
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Answer» Explanation: A liquidator is paid for the WORK that they do. Their payment can be in the FORM of a pre-agreed fixed sum, an hourly rate, or as a percentage of the assets they REALISE. This payment should be agreed at the creditors' meeting or with the creditors' COMMITTEE. |
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