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The purpose of a voidable transaction provision is to prevent depletion of assets in the company as it approaches insolvency and is entered into within

The purpose of a voidable transaction provision is to prevent depletion of assets in the company as it approaches insolvency and is entered into within a specified limited time prior to the commencement of winding up. 

Required: Identify and explain the seven (7) types of Voidable Transactions together with their relevant sections from the Corporations Act (Cth) 2001. NOTE: Each correct type of Voidable Transaction and their explanation equates to one mark each.

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