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JAMB Commerce 2022 Objective — Question 8

Question 8 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2022 Objective paper, with the correct answer and a full explanation.

8. Compulsory liquidation can arise from

A. (A) agreement
B. (B) court orderCorrect
C. (C) death of a member
D. (D) declaration of loss

Explanation

A court order on a firm will result in the compulsory liquidation of the firm.

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