Which of the following is not an objective of administration?    A. To rescue a company in financial difficulty to allow it to continue as a going concern    B. To realise property to pay one or more secured or preferential creditors    C. To wind up the company and cease its operations    D. To achieve a better result for the creditors

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Which of the following is not an objective of administration? 

  A.

To rescue a company in financial difficulty to allow it to continue as a going concern 

  B.

To realise property to pay one or more secured or preferential creditors 

  C.

To wind up the company and cease its operations 

  D.

To achieve a better result for the creditors 

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