Question: Stewart Ltd. Is not able to pay its debts when due, but it wants to avoid bankruptcy and continue to carry on business. Stewart Ltd.

Stewart Ltd. Is not able to pay its debts when due, but it wants to avoid bankruptcy and continue to carry on business. Stewart Ltd. should consider _________________.

voluntarily assigning its assets to a trustee in bankruptcy

petitioning for a receiving order

making a proposal to its creditors

avoiding creditors until it returns to financial health

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