In simplistic terms, if a business goes into liquidation it means: The business stops trading with immediate effect. The employees are all made redundant. The assets of the business are sold to pay creditors.
What Is a Path? A file system stores and organizes files on some form of media, generally one or more hard drives, in such a way that they can be easily retrieved. Most file systems in use today store the files in a tree (or hierarchical) structure. At the top of the tree is one (or more) root nodes.
A path is either relative or absolute. An absolute path always contains the root element and the complete directory list required to locate the file. For example, /home/sally/statusReport is an absolute path. All of the information needed to locate the file is contained in the path string. A relative path needs to be combined with another path in order to access a file. For example, joe/foo is a relative path. Without more information, a program cannot reliably locate the joe/foo directory in the file system.