Which of the Following Is a Ground Under S

question 3

Multiple Choice

Which of the following is a ground under s. 461 of the Corporations Act on which the court can order a winding up? I. The company has no members.
II) The company has not commenced business within one year of incorporation.
III) The court is of the opinion that it is just and equitable that the company be wound up.
IV) The company has resolved that it be wound up by the court.

• A) I and IV
• B) I, II and III
• C) II, III and IV
• D) I, II, III and IV

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Definitions:

Interest Rate

The annual rate at which interest is charged to the borrower, represented as a percentage of the still unresolved loan amount.

Payment Stream

A sequence of payments made over time, often associated with loans or investments.

Effective Yield

A measure of the return on an investment, taking into account the effect of compounding interest.

Bond Price

The amount of money investors are willing to pay for a bond, which can fluctuate based on interest rates, credit risk, and other factors.