Enter into contracts, 1.Which of the following is something

Enter into contracts

Assignment Help Business Law and Ethics

Reference no: EM13839682

1.Which of the following is something a company has the power to do which an individual does not?

Enter into contracts.

Own property.

Appear before a court without legal representation.

Issue shares.

2.Which of the following types of funds are not available for distribution by the liquidator to creditors and members?

Funds the liquidator has "clawed back" under the voidable transaction provisions.

Funds received from the owners of partly paid shares after the liquidator has made a call on them.

Funds which are held by the company on trust.

Funds received from the owners of partly paid shares after the liquidator has made a call on them.

Compensation recovered from a director who has breached the insolvent trading provision.

Reference no: EM13839682

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