问答题
In relation to insolvency:
问答题
(a) Identify the parties that may commence legal proceedings for bankruptcy of a legal entity. (4 marks)
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问答题
(b) Explain the business activities that are prohibited or restricted once a decision has been taken to commence bankruptcy proceedings. (4 marks)
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问答题
(c) Explain the transactions that may be considered to be invalid if they are completed immediately before an order for bankruptcy is made. (2 marks)
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