liquidator is paid ___ for doing the liquidation work
a) remuneration
b) cash flow
c) funds flow
d) discount
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Explanation:
A liquidator is paid for the work that they do. Their payment can be in the form of a pre-agreed fixed sum, an hourly rate, or as a percentage of the assets they realise. This payment should be agreed at the creditors' meeting or with the creditors' committee.
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c) funds flow.
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