Question: There are three main forms of external administration which each havetheir respective goals and processes. On 21 April 2020 Virgin Airlines Australia announced that it

There are three main forms of external administration which each havetheir respective goals and processes. On 21 April 2020 Virgin Airlines Australia announced that it had entered voluntary administration. Explain the objects of voluntary administration and how the voluntary administration process can be used to help companies trade out of financial difficulties.

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