Which of the following circumstances does NOT allow the court to lift the corporate veil under the Corporations Act?
A) Directors allow the company to trade while insolvent
B) Directors attempt to defeat employees' rights to entitlements when the company is in financial difficulty
C) Directors fail to prevent uncommercial transactions in relation to insolvency
D) Directors preside over a company that becomes insolvent and cannot pay the debts that it had owing at the time that it became insolvent
Correct Answer:
Verified
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A) Public
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Q12: What is a shelf company?
A) A company
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