| 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. lump sum sale
B. slump sale
C. aggregate sale
D. total sale
Answer:B
| 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. lump sum sale B. slump sale C. aggregate sale D. total sale