Multiple Choice
When an administrator is appointed to a company they must give an opinion as to the best of three options available to creditors. Which of the following is not one of the options available?
A) To end the voluntary administration and return the company to the director's control.
B) To end the voluntary administration and appoint a receiver.
C) To approve a deed of company arrangement through which the company will pay all or part of its debts and then be free of those debts.
D) To wind up the company and appoint a liquidator.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: The liquidator must arrange for their statement
Q5: Which of the following is a task
Q6: The main purpose of the Liquidation account
Q7: The details below were extracted from
Q8: The report as to affairs shows which
Q10: A liquidator is required to keep proper
Q11: When a company is unable to pay
Q12: Under a court ordered winding up, a
Q13: A voluntary winding up commences when:<br>A) the
Q14: It is the responsibility of the directors