Raena AI
Your AI Study Solution
Toggle theme
EN
Create free account
Business Rescue Quiz
Business Rescue Quiz
Quiz
Question 1
Question 2
Question 3
Question 4
Question 5
Question 6
Question 7
Question 8
Question 9
Question 10
Restart
What does 'business rescue' in terms of the Companies Act 71 of 2008 mean?
A.
Proceedings to permanently shut down a financially distressed company
B.
Proceedings to facilitate the rehabilitation of a company that is financially distressed
C.
Proceedings to increase a company’s profits
D.
Proceedings to facilitate the liquidation of a company
Check Answer