(a)[2]
Define what the term liquidation means.
(b)[3]
Explain one external source of finance that a business can use.
Business 9609 · AS & A Level · Sources of finance
Define what the term liquidation means.
Explain one external source of finance that a business can use.
This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: “The process of disposing of assets to repay debts/creditors” …