Which of the Following Is Entitled to Make an Application

question 48

Multiple Choice

Which of the following is entitled to make an application to the court for an insolvent company to be wound up?

• A) A court appointed receiver
• B) Employees of the company
• C) ASIC
• D) The company's external auditor

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Definitions:

Scientifically Tested

The evaluation or investigation of a hypothesis, theory, or product through rigorous and controlled experiments to establish its validity or efficacy.

Theories

Systematically organized knowledge applicable in a relatively wide variety of circumstances, especially a system of assumptions, accepted principles, and rules of procedure to analyze, predict, or otherwise explain the nature or behavior of a specified set of phenomena.

Self-Determining

The ability or process of making one's own choices and controlling one's own life without being influenced or pressured by others.

Active

Engaging in movement or action; not remaining static or idle.