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CELE SQE1 模拟练习

Examination Timing: 00H00M34S

Sophie, a director of a company, is facing financial difficulties and considering insolvency procedures. 

Which procedure should she explore if she wants to continue trading while repaying her debts?

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A company voluntary arrangement (CVA) allows a company to continue trading while it restructures its debts with creditors' agreement. This procedure provides a flexible and constructive way to address financial difficulties without immediately ceasing operations. 

Key Point: A CVA is an important insolvency procedure that can help businesses recover from financial distress while maintaining operations.



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