Search SchoolNGR

Saturday, 11 April 2026
Register . Login

Use the information below to answer questions 3 and 4. Aboki Plc, became the insolvent ...

Use the information below to answer questions 3 and 4.
Aboki Plc, became the insolvent and decided to wind up to meet the legitimate claims of its creditors.
Babalawee was called in to manage the dissolution.
after paying the debts of aboki Plc, the balance goes to?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Aboki Plc
  • B Babalawee
  • C Shareholders
  • D Creditors
Correct Answer: Option C
Explanation:

Share question on: