Multiple Choice
Which of the following is not a way in which a receivership can end?
A) The receiver can resign.
B) The receivership can progress to liquidation and the receiver can be appointed as liquidator.
C) A voluntary administrator can be appointed to take over from the receiver.
D) The receivership can progress to liquidation and a separate party can be appointed as liquidator.
Correct Answer:

Verified
Correct Answer:
Verified
Q39: The journal entry to record the distribution
Q40: The main purpose of the liquidation account
Q41: Past members do not have to contribute
Q42: The court is only able to make
Q43: A declaration of solvency is required to
Q45: Which of the following is an example
Q46: Which of the following is not one
Q47: In the case of a company being
Q48: Which of the following is entitled to
Q49: Which of the following is the journal