It is a presentation and discussion leadership questions. I need to prepare a presentation based on discussing the following statement - ‘The Corporations Act aims to avoid liquidation if possible'

The presentation will be about 5 to 7 minutes. So i need around 5-min discussion answer so that i can have enough things to present in class.

Please involve the following sequence when answering the question:

1) identify the key aspects of the question;

2) identify any relevant theory that applies to the question; and

3) apply that theory to draw a valid conclusion.

Thanks for anyone who can help.