A director of a company will have breached their duty to prevent the company engaging in 'insolvent trading' if the company:
A) Trades with a company that is insolvent.
B) Continues to trade despite the fact that it is reasonable to assume that the company has become insolvent.
C) Trades with a company that is on the verge of insolvency.
D) Continues to trade despite the fact that it is in serious financial difficulty.
Correct Answer:
Verified
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