Cryptocurrency Q&A
What are the 3 types of liquidation?
What are the 3 types of liquidation?
CryptoPioneer
Thu Dec 26 2024
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6 answers
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I'm trying to understand the different forms of liquidation. Specifically, I want to know what the three main types of liquidation are.
6 answers
Maria
Sat Dec 28 2024
There are four types of liquidation a company can undergo.
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SsangyongSpiritedStrength
Sat Dec 28 2024
Partial liquidation occurs when a company decides to sell only a portion of its assets. This type of liquidation allows the company to remain operational, albeit in a reduced capacity.
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JejuJoyful
Sat Dec 28 2024
In contrast to partial liquidation, complete liquidation involves the sale of all the company's assets. This process usually leads to the dissolution of the company.
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Andrea
Fri Dec 27 2024
Voluntary liquidation is initiated by the company itself. It can be done for various reasons, such as retirement, restructuring, or to avoid compulsory liquidation.
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BitcoinBaron
Fri Dec 27 2024
Compulsory liquidation, on the other hand, is initiated by a court or other legal authority. This usually happens when a company is unable to pay its debts and a creditor petitions for its liquidation.
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