Sol is the director of a private company where he is the only sole member. Knowing that his business may be insolvent, he entered into a contract last week to purchase more goods for his business amounting to RM10000 on credit terms. He has no intention to pay for the goods. Answer ALL the following questions: - a) Since Sol believes it benefits him to incorporate his business under the Companies Act 2016, to what extent do you agree with him? (10 marks) b) If Sol's company is put into insolvent liquidation, and you are appointed as the liquidator, explain whether or not it is legally possible for you to make Sol liable for the last contract of goods he made amounting to RM10000 which he admitted he had no intention to pay. (10 marks) c) Consider whether or not your answer in (b) above would be different if Sol were to say that he purchased the goods in the hope that the company business would improve. (5 marks) Question A3 You are a director of a company who trades in sportswear. You can foresee that in six months' time the company will be suffering from a temporary cash shortage in the business, caused by a drop in the sales of the company's products. Explain your financing strategy in solving the company's temporary cash flow issue. (25 marks)