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

There are three main forms of external administration which each have their 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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