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What is the difference between fixed and floating charges? A. Floating charges rank ahead of fixed charges in the event of a winding up. B. Fixed charges are created when a loan is taken out. Floating charges crystalise when the company goes into liquidation or if other statutory conditions are met. C. Fixed charges are usually secured on assets such as stock. Floating charges are usually secured on assets such as property. D. Fixed charges are created when a company goes into liquidation. Floating charges crystalise when a loan is created or if other statutory conditions are met. |