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(a) Advise Ericl Mary and Mei Ling as to their Options under the external administration procedures under the Corporations Act, including the advantages and disadvantages

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(a) Advise Ericl Mary and Mei Ling as to their Options under the external administration procedures under the Corporations Act, including the advantages and disadvantages of such procedures. (b) What impact would the procedures have on Acme's creditors

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