Company Law

Please answer the following questions in this section:

a. State the three criteria of a floating charge as stated in the case of Re Yorkshire Wool Combers Association Limited

b. Identify four categories of creditors considered in law to be preferential unsecured editors.

c. State two remedies that may be pursued against the company by an unsecured creditor.

d. State two remedies that may be pursued against the company by an unsecured creditor.