Which of the Following Cannot Instigate a Voluntary Administration

question 11

Multiple Choice

Which of the following cannot instigate a voluntary administration:

• A)a liquidator
• B)a person who can appoint a receiver for more than 30% of the company's assets
• C)a person who can appoint a receiver for all or most of the company's assets
• D)the companys' directors

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Definitions:

Desire

An intense longing or wish for something to happen.

Unconsciously

Performing actions or behavior without conscious awareness or intention, often based on learned patterns or instincts.

Unacceptable Goal

A target or objective deemed inappropriate or unattainable within a given context or set of circumstances.

Acceptable

Considered satisfactory or permissible in quality, standard, or condition.