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A Declaration of Solvency Is Required to Be Signed by the Directors

Question 10

Multiple Choice

A declaration of solvency is required to be signed by the directors of the company in order for:


A) the company to issue more shares to its shareholders.
B) the liquidation to proceed as a members' voluntary winding up.
C) the court to make an order for liquidation.
D) the company to borrow more money from a bank.

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