A Liquidator Can Reverse a Transaction Entered into by a Company

question 1

Multiple Choice

A liquidator can reverse a transaction entered into by a company if it is a voidable transaction.However, there will be no obligation on the part of the payee under such a transaction to repay money to the liquidator if the transaction was:

• A)an insolvent and uncommercial transactions.
• B)made in good faith for valuable consideration when there was no reason to believe the company was insolvent.
• C)an insolvent transaction with a related entity.
• D)an unfair loan.

Determine the net working capital and its changes over time.

Understand the importance of operating cash flow in business operations.

Analyze shareholders' equity and understand how it can change over a period.

Evaluate the financial position through net working capital and shareholders' equity.

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Definitions:

Red Meat

Meat that is red when raw and does not become white when cooked, including beef, lamb, and pork.

Grilling

is a cooking method involving direct exposure to dry heat, typically over a fire or hot coals, for cooking food.

Smoking

The act of inhaling and exhaling the smoke of burning tobacco, which can lead to various health issues including cancer, heart disease, and respiratory problems.

Selenium

A trace element found in grain products and in meat from grain-fed animals.