Welcome to the 1520 Perfect Dictionary
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| Liquidation (3) | ||
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| LIQUIDATION (3) Definition: A winding up (a company or business) by realizing its assets, paying its debts and distributing the balance to the shareholders. ______________________________________________________________________ * All six elements should be in. 1. Purposeful and necessary (to emphasize). 2. Approved or authorized by the company's board and also by the appropriate regulatory authority. 3. Undertaken by a professional-licensed liquidator. __________________________________ See perfect PROFESSIONAL (1). | ||
| Below the Line | ||
| 1. Professional should have a consultant or a 'supervisor' to work with and/or to report to. 2. (Reserved.) (No insider trading is involved before state is arrived at. That is, business truly failed from inefficiency, not mismanagement or corruption or maladministration.) 3. Achieves objective(s) or serves purpose(s). _______________________________________ See perfect LIQUIDATION (2). |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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