Which of the Following Is Not Grounds Under S $\quad$ $\quad$

question 5

Multiple Choice

Which of the following is not grounds under s. 461 of the Corporations Act on which the court can order a winding up? I. $\quad$$\quad$ The comparyy has no members.
III. $\quad$ The compary has resolved that it be wourd up by the court.
III. $\quad$ The compary has not commenced business within three months of its incorporation.
IV. $\quad$ The court is of the opirion that it is just and equitable that the compary be wourd up.

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

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Definitions:

Labor

Human input, involving both muscle and mind work, in the output of goods and services.

Production Function

A model that defines the maximum output that can be produced with a given set of inputs under current technology.

Plastic

A wide range of synthetic or semi-synthetic materials that are used in the production of industrial products, packaging, and consumer items.

Wood

A hard, fibrous material made from trees or shrubs, often used for construction, furniture, and fuel among other applications.