Which of the Following Is Not a Consequence of Registering

question 4

Multiple Choice

Which of the following is not a consequence of registering a company charge on the Personal Property Securities ('PPS') register?

• A)The charge will become enforceable against a liquidator.
• B)The charge will have priority over unregistered charges.
• C)The charge will have priority over other charges granted later.
• D)A charge will immediately 'crystallise'.

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Definitions:

Efficient Outcome

A situation in which no individual can be made better off without making someone else worse off, typically referring to an optimal allocation of resources.

Output Level

The total quantity of goods or services produced by a firm or industry within a specific period.

External Costs

Costs that are not borne by the producer or consumer of a good or service, but by third parties or society as a whole, such as pollution.

Market Outcome

The end result of market interactions, determined by supply and demand forces, affecting prices and quantities.