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A company in financial difficulties sells off several items of its old stock to a number of other unconnected companies, discounting the items by between 60 and 80%. It uses the income from these items to buy new stock that the directors believe will sell more quickly and thus improve the company's cash-flow. Nine months later, the company is the subject of a winding-up order.Which of the following statements best explains whether a liquidator would seek to set aside the above sales of old stock?


A、Yes—because they were transactions made at a time the company was insolvent.
B、Yes—because they were transactions made within two years of insolvency.
C、No—because the transactions were made more than six months before insolvency.
D、No—because the transactions were made in good faith in the belief they would benefit the company.
E、No—because the transactions were not made with connected parties.

发布时间:2025-07-14 23:10:48
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答案:D
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