What are the advantages of the administrative changes? – InterviewSolution

InterviewSolution

1.	What are the advantages of the administrative changes?
Answer» s linked into the very perposes of administration,the total FUND realised in an administration will generally be higher than in liquidation .This is due to EITHER the continuity of trade or a pre packaged SALE preserving the value of the asset third parties are generally willing to BID higher in an administration as this is viewed as a rescue procedure RATHER than a terminal insolvency procedure like liquidation.

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