Which of the following statements concerning wrongful trading is correct?
A、Wrongful trading is a criminal offence
B、Selling company shares in the knowledge that the share price is about to fall is wrongful trading C
A、case of wrongful trading is brought by a company's administrator
D、Intent to defraud is required to prove a case of wrongful trading
A、Wrongful trading is a criminal offence
B、Selling company shares in the knowledge that the share price is about to fall is wrongful trading C
A、case of wrongful trading is brought by a company's administrator
D、Intent to defraud is required to prove a case of wrongful trading
【参考答案及解析】
Wrongful trading is a civil offence that is brought by a company's liquidator or administrator. No intent to defraud is required because the directors commit the offence if they allow the company to trade whilst in the knowledge that there is no reasonable prospect of the company avoiding going into liquidation.
Wrongful trading is a civil offence that is brought by a company's liquidator or administrator. No intent to defraud is required because the directors commit the offence if they allow the company to trade whilst in the knowledge that there is no reasonable prospect of the company avoiding going into liquidation.