Commerce WAEC

A person authorized to sell the property of a company in a winding up is?

A. an auctioneer
B. an agent
C. a liquidator
D. a bailee

Correct Answer: Option C

C. a liquidator

Explanation

A liquidator is the officer appointed when a company goes into winding-up or liquidation who has responsibility for collecting in all of the assets under such circumstances of the company and settling all claims against the company before putting the company into dissolution

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