Posted by: Pdfprep
Post Date: March 28, 2021
Which of the following is correct?
A . A fixed charge is a charge over a specific asset of the company which it is unable to deal with freely in the ordinary course of business.
B . A fixed charge is a charge over a specific asset of the company which it is able to deal with freely in the ordinary course of business.
C . A fixed charge is a charge over a class of company assets which the company can deal with freely in the ordinary course of business.
D . A fixed charge is a charge over a class of company assets which the company is unable to deal with freely in the ordinary course of business.
Answer: A
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