Dave is the director of a private company where he is the only sole member. Knowing that his business may be insolvent, he entered into a contract last week to purchase more goods for his business amounting to RM10000 on credit terms. He has no intention to pay for the goods.
Answer ALL the following questions: -
a) Since Dave believes it benefits him to incorporate his business under the Companies
Act 2016, to what extent do you agree with him?