In: Finance
Write down a summary of 100-150 words the role of a receiver?
Receiver:
The role of a receiver differs from stream to stream. Just as in the case of communication the role of a receiver is entirely different than compare to a receiver appointed by court to deal with parties business involved in a dispute.
In we talk about communication, the role of receiver is to understand completely what message a sender sends and on the basis of it respond accordingly. Receiver ensures that right message is conveyed. Just as to make a communication effective two roles are important one is of sender and the other one is of receiver.
In terms of law, receiver is a person who is appointed by a court who will be responsible for taking required care and precautions related of parties business who are involved in a dispute.