External administration can include the appointment of a/an:
A)administrator
B)liquidator
C)receiver
D)all of the above

Question

Quizplus · Accepted Answer

External administration can involve the appointment of an administrator, who is responsible for managing the affairs of a company and developing a proposal for creditors regarding repayment or restructure. It can also involve the appointment of a liquidator, who is responsible for winding up the affairs of a company and distributing assets to creditors. Additionally, it can involve the appointment of a receiver, who is responsible for taking control of a company's assets and selling them to repay secured creditors. Therefore, all three options (A, B, and C) can be part of external administration.

External Administration Can Include the Appointment of A/an