Under a Court Ordered Winding Up, a Liquidator Does Not

question 12

Multiple Choice

Under a court ordered winding up, a liquidator does not have the power to:

• A) enter into legal proceedings on behalf of the company.
• B) dispose of the property of the company.
• C) use any legal methods to obtain money from a debtor.
• D) pay the company's shareholders before paying the creditors.

---

Definitions:

Effective Listeners

Effective listeners actively engage in the communication process, comprehending, retaining, and responding appropriately to the messages being conveyed.

Tactics

Specific actions or strategies designed to achieve a particular objective.

Listening Process

The active engagement in receiving and interpreting messages or information, often involving steps like hearing, understanding, evaluating, and responding.

Phases

Distinct periods or stages in a process of development or a series of operations, often marked by specific features or tasks.