"Liquidation" is the same as involuntary dissolution.

Name: "Liquidation" is the same as involuntary dissolution.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Liquidation is the process of selling off assets to pay off debts, whereas involuntary dissolution refers to the termination of a company's legal existence by a court order or state action. While liquidation may be a step in the process of involuntary dissolution, they are not the same thing.

"Liquidation" Is the Same as Involuntary Dissolution