Overview
I'm working on a business law multi-part question and need the explanation and answer to help me learn.
Under the Companies and Allied Matters Act, the tests for insolvency do not include A. Inability of a company to pay a debt exceeding N2,000, three weeks after demand B. The existence of court process issued in respect of a judgment debt C. A court ruling that the company is unable to pay its debts D. The existence of company’s liability in excess of its assets E. Outstanding debts owed the company in excess of one billion naira