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Questions and Answers
Which type of debts rank above floating charges?
Which type of debts rank above floating charges?
- Preferential debts (correct)
- Priority debts
- Unsecured debts
- Secured debts
What type of charges rank above preferential payments?
What type of charges rank above preferential payments?
- Fixed charges (correct)
- Legal charges
- Equitable charges
- Mortgage charges
What ranks below preferential debts?
What ranks below preferential debts?
- Mortgage charges
- Equitable charges
- Legal charges
- Floating charges (correct)
Which type of debts rank above floating charges upon the liquidation of a company?
Which type of debts rank above floating charges upon the liquidation of a company?
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What type of charges rank above preferential payments in the priority of payment upon the liquidation of a company?
What type of charges rank above preferential payments in the priority of payment upon the liquidation of a company?
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What ranks below preferential debts upon the liquidation of a company?
What ranks below preferential debts upon the liquidation of a company?
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