WAEC Commerce 2018 Objective — Question 4
Question 4 of 50 from the West African Examinations Council (WAEC) Commerce 2018 Objective paper, with the correct answer and a full explanation.
Advertisement
A person authorized to sell the property of a company in a winding up is a(n)
- A. auctioneer
- B. agent
- C. liquidatorCorrect
- D. bailee
Explanation
A liquidator is the person appointed to sell off a company's assets/property when it is being wound up.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.