A 'floating charge' is security for a loan to a company that takes the form of a charge over:
A) Fixed, identified property.
B) Property covered by personal guarantees.
C) All of the assets or a class of assets of the company.
D) Fixtures only.
Correct Answer:
Verified
Q3: What is a share?
A)A legal claim against
Q4: Which of the following statements about proprietary
Q4: What is the difference between a company
Q5: A proprietary company is similar to a
Q8: Which of the following is not a
Q9: A 'debenture' is:
A)A type of ordinary share.
B)A
Q11: The secretary of a company:
A)Is responsible for
Q14: One of the main attractions of the
Q16: Which of the following is not a
Q20: Which of the following is not a
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