02:47 Dec 4, 2018 |
Spanish to English translations [PRO] Law/Patents - Law (general) | |||||
---|---|---|---|---|---|
|
| ||||
| Selected response from: Robert Carter Mexico Local time: 15:00 | ||||
Grading comment
|
Summary of answers provided | ||||
---|---|---|---|---|
4 +1 | without having to be dissolved beforehand |
| ||
5 | without prior dissolution |
|
without having to be dissolved beforehand Explanation: I agree with your take on this, but dissolution and winding up are slightly different. Winding up refers to liquidation. The term "dissolution" refers to the systemic closing down of a business entity, while "winding up" refers to the selling of assets and payment of debts prior to closing a business. https://smallbusiness.findlaw.com/closing-a-business/dissolu... |
| |
Login to enter a peer comment (or grade) |
without prior dissolution Explanation: Dissolution of corporations: is the terminations of its existence as a body politic. This may take place in several ways:by surrender or forfeiture of its charter; by expiration of its charter by lapse of time; by proceedings for winding it up under the law...(1968 Black's Law Dictionary Edition 4) |
| |
Login to enter a peer comment (or grade) |
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.