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