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    Company Accounting
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    Exam 16: Insolvency and Liquidation
  5. Question
    The Shareholders of a Company Are Liable for Prosecution Under
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The Shareholders of a Company Are Liable for Prosecution Under

Question 35

Question 35

True/False

The shareholders of a company are liable for prosecution under the Corporations Act 2001 if they allow the company to trade while it is insolvent.

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