'Liquidation auction technically refers' presentation slideshows

what is a liquidation auction?

Although used interchangeably with other types of auctions, a liquidation auction technically refers to a company selling its assets. These assets could be unsold inventory, office furniture, or anything else of value the company owns. The auction may be a voluntary event by a business, or involuntarily conducted as a result of bankruptcy or legal judgment. As with all types of auctions, bidders have the opportunity to snap-up quality items at deep discounts.

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