Name two advantages of administration.
Define money laundering.
What is placement?
Name three common effects of liquidations.
What are the two most important grounds for compulsory liquidation?
Name two advantages of administration.
题目
Chapter21Insolvencyandadministration
(1) It does not necessarily result in the dissolution of the company (2) It prevents creditors applying for compulsory liquidation Subsidiary advantages are (3) All creditors can apply for an administration order (4) The administrator may challenge past transactions of the company
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