McqMate
| Q. |
A director of a limited company may not be liable for wrongful trading if he or she |
| A. | increased the valuation of its inventories to cover any potential shortfall |
| B. | brought in some expected sales from next year in to the current year |
| C. | took every step to minimise the potential loss to creditors |
| D. | introduce into the balance sheet an asset based on a valuation of its brands sufficient to meet |
| Answer» C. took every step to minimise the potential loss to creditors | |
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