A Liquidator Can Reverse a Transaction Entered into by a Company

Multiple Choice

A liquidator can reverse a transaction entered into by a company if it is a voidable transaction.However, there will be no obligation on the part of the payee under such a transaction to repay money to the liquidator if the transaction was:

A) an insolvent and uncommercial transactions.
B) made in good faith for valuable consideration when there was no reason to believe the company was insolvent.
C) an insolvent transaction with a related entity.
D) an unfair loan.