
Corporate Changes & Regulation game
Authored by Ralph Dzegniuk
English, Professional Development, Specialty
Professional Development
Used 3+ times

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15 questions
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1.
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45 sec • 1 pt
Administrator and liquidator, among other tasks, _________ (meaning: sell) the company’s assets.
2.
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45 sec • 1 pt
synonym for "purchase" of a company by another
3.
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45 sec • 1 pt
The creditors applied for compulsory _________________ (noun) of the company after the reports of its insolvency became public.
4.
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45 sec • 1 pt
It was described as a ____________ _____________ (2-word noun) after the target company's shareholders voted against it.
5.
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45 sec • 1 pt
A person appointed by the Court to realize the assets of an insolvent company and make sure that the creditors get paid.
6.
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45 sec • 1 pt
It was decided that, despite its imminent insolvency, the company should continue trading as a _______________ (2 word noun) in one final attempt to rescue it.
7.
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1 min • 1 pt
employees and tax authorities are considered to be __________________ (noun) meaning that an insolvent company will have to pay them before other (secured and unsecured) creditors.
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