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dddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddd Question 17. [1 mark] You are a director of a company which is in liquidation. The liquidator advises that he has the power under

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Question 17. [1 mark] You are a director of a company which is in liquidation. The liquidator advises that he has the power under the Corporations Act 2001 (Cth) to declare void all insolvent transactions: Entered into during the two years prior to the liquidation of a company. Entered into during the six months prior to liquidation of a company. Entered into during the ve years prior to the liquidation of a company. Entered into during the ten years prior to the liquidation of a company. 53-957?\" Question 18. [1 mark] You are a director of a company. You have just received a letter threatening to commence a \"statutory derivative action'. Which of the following is the most likely reason for this type of action? a. A member is threatening to bring an action on behalf of the company in the name of the member because the company or directors are unable to do so. b. A member is threatening to bring an action to force the company to sue because the directors are unwilling or unable to do so. c. A member is threatening to bring an action to enable the member to recover the cost of legal proceedings against the company. d. A member is threatening to bring an action to enforce their personal rights against the company. ~

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