MCQOPTIONS
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| 1. |
31. The transfer of one or more undertakings as a result of the sale for a lump sum consideration without values being assigned to the individualassets and liabilities in the sale is known as : |
| A. | a. lump sum sale |
| B. | b. slump sale |
| C. | c. aggregate sale |
| D. | d. total sale |
| Answer» C. c. aggregate sale | |