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.
The complete location of a file or directory within a computer filesystem. An absolute path starts at the root directory (or drive letter) and continues up the directory hierarchy until the specific file or directory is reached. This contrasts with a relative path, which does not start at the root directory.