Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Business operations must continue indefinitely to qualify as going concern under commercial law</h1> A going concern refers to a commercial enterprise actively conducting business with the expectation of continuing operations indefinitely. This legal concept distinguishes between businesses that are operational and viable versus those facing closure or liquidation. The term is fundamental in business law, accounting, and insolvency proceedings, as it affects how assets are valued and business operations are assessed. Courts recognize this distinction when evaluating corporate entities, particularly in liquidation cases where the ongoing viability of the enterprise becomes a critical factor in determining appropriate legal remedies and asset distribution.