Liquidation of assets in a bankruptcy refers to
A. returning unpaid property to the original owner
B. distributing whatever money the person in bankruptcy has to the creditors
C. selling property for cash
D. selecting those assets necessary for basic survival
E. destroying all credit cards used by the person declaring bankruptcy
Answer: C
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.