At the collapse of a business enterprises, the person appoin…

JAMB Commerce 2023 163 views
Source: JAMB · 2023

At the collapse of a business enterprises, the person appointed to dispose off the assets is called

  1. an auctioneer
  2. a broker
  3. a liquidator ✓
  4. an auditor
Explanation

This answer correctly describes the business or trade concept. Commerce deals with buying, selling, and business operations.

The other options relate to different aspects of business or trade. They aren’t the best answer here.

Understanding this helps you grasp how businesses operate and how trade happens.

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