{"id":81116,"date":"2022-01-28T05:31:28","date_gmt":"2022-01-28T05:31:28","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=81116"},"modified":"2022-01-28T05:31:29","modified_gmt":"2022-01-28T05:31:29","slug":"a-director-of-a-limited-company-may-not-be-liable-for-wrongful-trading-if-he-or-she","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/a-director-of-a-limited-company-may-not-be-liable-for-wrongful-trading-if-he-or-she\/","title":{"rendered":"A director of a limited company may not be liable for wrongful trading if he or she"},"content":{"rendered":"\n

Q. A director of a limited company may not be liable for wrongful trading if he or she<\/strong><\/h3>\n\n\n\n

A.            took every step to minimise the potential loss to creditors<\/p>\n\n\n\n

B.            increased the valuation of its inventories to cover any potential shortfall<\/p>\n\n\n\n

C.            introduced into the balance sheet an asset based on a valuation of its brands sufficient to meet any shortfall<\/p>\n\n\n\n

D.            brought in some expected sales from next year into the current year<\/p>\n\n\n\n

Answer: took every step to minimise the potential loss to creditors<\/p>\n","protected":false},"excerpt":{"rendered":"

A director of a limited company may not be liable for wrongful trading if he or she<\/p>\n","protected":false},"author":419,"featured_media":81117,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[3004],"tags":[],"class_list":["post-81116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-ethics-mcqs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/81116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=81116"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/81116\/revisions"}],"predecessor-version":[{"id":81118,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/81116\/revisions\/81118"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/81117"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=81116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=81116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=81116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}