Which of the Following Statements Is Incorrect

question 1

Multiple Choice

Which of the following statements is incorrect?

• A) Most liquidations in Australia do not have sufficient funds to pay creditors.
• B) Past members must contribute money for company debts, which have been incurred after they cease to be members.
• C) In the absence of any guidance in the company's constitution, calls in advance with related interest will be repaid before any payments are made to shareholders.
• D) If the company is limited by shares, members do not have to contribute more than the amount unpaid on the shares for which each is liable as a past or present member.

---

Definitions:

Ossicles

The three small bones in the middle ear that transmit sound vibrations from the eardrum to the inner ear.

Timbre

The quality of a sound that distinguishes it from other sounds of the same pitch and volume.

Amplitude

The height or magnitude of a wave signal, illustrating the intensity or level of fluctuation.

Pitch

The perception of how high or low a sound is, fundamentally related to the frequency of the sound wave.