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When a business closes down, existing contracts may be terminated or transferred to another party, depending on the terms of the contract and the circumstances of the closure. It is important for both parties to review the contract and seek legal advice to determine the appropriate course of action.
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What happens to assets when a business closes?
When a business closes, its assets are typically sold off to pay creditors and other obligations. Any remaining assets may be distributed to the business owners or shareholders.
What happens to assets when a business closes down?
When a business closes down, its assets are typically sold off to pay off any outstanding debts and obligations. Any remaining assets are then distributed to the business owners or shareholders.
What happens when the ventricular walls contracts?
The bicuspid valve opens and the tricuspid valve closes.
What happens if a ear pierce on your ear closes?
Ahhh the piercing closes and you need to get it repierced..
What happens when the bank closes your account?
if bank closes yr account,it gets closed,or dead.
What complimentary closes are appropriate in a business letter?
Sincerely, Respectfully,
If a business closes do you still owe owner money?
Of course you do.
What is the function of the right tricuspid valve when the right ventricle contracts?
It closes, preventing regurgitation of blood back into the right atrium.
What happenes to jaws and larynx during breathing and swallowing in fish?
The jaws and larynx during breathing and swallowing in fish, contracts. The jaws suck in, and the larynx contracts and closes temporarily while the breath is happening.
What happens to a can when heated and transferred to cold water?
The can collapses and closes in on itself.
What happens during a asmtha attack?
you cannot breath and you trachea closes.
What happens when a circuit closes?
when a circuit is closed, electricity can move though it.
