Exam (elaborations)
MRL3701 CHAPTER 2 - Voluntary Surrender Exam Questions with Correct Answers
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TWO WAYS IN WHICH A DEBTOR'S ESTATE MAY BE SEQUESTRADED Correct Answer 1. The debtor himself (or his agent) may apply to court for acceptance of the surrender of his estate (s3.(1)). - Known as voluntary surrender. 2. A creditor or creditors (or their agent) may apply to court for the sequestratio...
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