Smash Ltd has been a successful company for quite some time. But in 2010 it started experiencing financial difficulty due to an unusual business downturn. Business in the last month has not been generating the revenue necessary for the company to cover its liability. This is the first time that this happens in the 20 year history of the company. The company hopes to win some big contracts that will provide it with vital cash flow. The creditors of Smash are worried because the company has not been making regular payments on their liabilities. The creditors can be divided into three categories: - Major Bank is a secured creditor and has a charge over all the assets of the company. - Supplyco, an unsecured creditor, who would like to receive some of the money that the company owes him. - The employees of the company (who are owed unpaid wages, superannuation and holiday pay). a- Which type of external administration is best suitable for Major Bank? b- Which type of external administration is best suitable for Supply Co? c- Which type of external administration is best suitable for the employees of Smash? AUSTRALIA LAW PLEASE NEED NUMBER OF LAW AND AS CASE STUDY AND THANKS