Execise 2 Week 3) Hoang Nguyen ran a business retailing Fateway computers as a private enterprise. She was aware that her business was in financial difculties with the slowing of the general economy and in particular the slowing of the computer market. She therefore decided to incorporate a limited liability company, SEN Co. Ltd. She held 99% of the charter capital in SlN Co. Ltd with her accountant holding the 1% remaining of the charter capital. She then sold her private enterprise to the company and took a 2!} billion VND bonds from the company in return. Unfortunately the business failed sis monis later and SIN Co. Ltd went into bankruptcy. The reason for the failure was that the Head l[Suffice of Pateway Computers in the UK decided no longer to attempt to sell computers in Vietnam. Various creditors of SIN Co. Ltd are owed 1D billion "END. The company has only 9,5 billion VND in assets, held in cash from the forced sale of the stock of computers {a} The Liquidator refuses to pay Hoang Nguyen the 2!] billion VND under the bonds. He proposes to pay the 9,5 billion VND to the creditors of SIN Co. Ltd firsL {b} The liquidator also intends to sue Hoang Nguyen for her personal assets to raise esira moneys to repay the creditors of SIN Co. Ltd in full. Sally owns a house worth 5t] billion EFT-ll]. Discuss tire decisions of the liquidator