A receiver is a disinterested person appointed at the discretion of the court to manage, liquidate, and conserve assets of a debtor.

Name: A receiver is a disinterested person appointed at the discretion of the court to manage, liquidate, and conserve assets of a debtor.
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Question

Quizplus · Accepted Answer

A receiver is indeed appointed by the court to manage, liquidate, or conserve the assets of a debtor, often in cases of insolvency, with the goal of ensuring that assets are dealt with in a fair and impartial manner.

A Receiver Is a Disinterested Person Appointed at the Discretion