Post Utme Al Hikmah University 2017 Commerce Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2017 Commerce Objective / Multiple Choice
Question 19 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • COMMERCE • objective

A company may be wound up voluntarily by its members if it is just and equitable to do so. Which of the following is a ground for voluntary winding up?

Answer Options

A. The company is insolvent
B. The company is unable to pay its debts
C. The company has committed a serious breach of its articles of association
Correct Answer D. The company has decided to cease trading
Correct Answer
D
Correct Option:
The company has decided to cease trading

About This Question

This is Post Utme Al Hikmah University 2017 Commerce Question 19. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Commerce examination.

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