Insolvency procedures - Study guides, Revision notes & Summaries

Well-structured LEV3701 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... QUESTION 1 Consider the following statements about circumstantial evidence and choose the correct option: 1. Circumstantial evidence is not necessarily weaker than direct evidence and the cumulative effect of several pieces of circumstantial evidence might even carry more weight than direct evidence. 2. The following rules apply to inferences drawn from c...

Well-structured LEV3701 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!).... QUESTION 1 Consider the following statements about the compellability of spouses to testify and choose the correct option 1. Section 195 of the Criminal Procedure Act 51 of 1977 has, to some extent, been amended by section 68 of the Criminal Law (Sexual Offences and Related Matters) Amendment Act 32 of 2007. Subsection 195(1)(a) now excludes a child that is...

Summary 2023 - LPC Notes - Business Law & Practice - Insolvency Procedures - Exam Ready Notes (Distinction Grade)

Introducing Business Law and Practice notes from The SQE Hub specifically tailored by addressing each of the assessment specifications listed on the SRA website. These high yield notes are an amazing revision aid and address the following: - Business organisations, rules and procedures; - Finance; - Corporate governance and compliance; - Partnership decision-making and authority of partners; - Insolvency (corporate and personal); - Income Tax; - Capital Gain Tax; and - Corporation Ta...

Question 1 1.1 Explain the concept "concursus creditorum" as well as what it presupposes. (5) 1.2 ABC Ltd is a British company that owns property which is lying in a warehouse in Cape Town harbour. ABC Ltd does not have a place of business in South Africa. Will the Western Cape High Court, Cape Town, have jurisdiction to sequestrate ABC Ltd.’s estate? (5) 1.3 Fred approaches you for advice. He informs you that Jenna owes him R24 000 for cleaning services rendered by his company....

1 Can a lender, as a condition of making a loan, require that any insurance be placed through a particular insurance agent or broker? - ANSWER-The loan recipient may always select a particular agent or broker of their choosing 2 A claimant can be any of the following EXCEPT - ANSWER-EXCEPT a person who is conducting an investigation of a claim on behalf of an insurer 3 All of the following are to be specified in an insurance policy EXCEPT - ANSWER-EXCEPT the financial rating of the insured...

PSI California Insurance Test (2024) || Questions & Answers (Graded A+) PSI California Insurance Test (2024) || Questions & Answers (Graded A+) What is the procedure regarding change of address for a licensee? - ANSWER - The commissioner must be notified immediately of any change in the personal, business, or email address. What is the punishment for a person who refuses to deliver books, records, or assets to the commissioner when subject to a seizure order in an insolvency proceeding? -...

Chapter 15 Code and Ethics Questions and answers latest update All of the following are considered duties of the California Insurance Commissioner, except: A - Set insurance rates B - Keep all papers as required by law C - Structure and control insolvency procedures D - Regulate the internal affairs of the Department of Insurance A - Set insurance rates The Commissioner does not set rates. Upon receiving a request for records, insurers and/or agents must deliver the records to th...

What is the procedure regarding change of address for a licensee? The commissioner must be notified immediately of any change in the personal, business, or email address. What is the punishment for a person who refuses to deliver books, records, or assets to the commissioner when subject to a seizure order in an insolvency proceeding? Not more than $1000 fine and/or 1 year imprisonment An agent or representative who issues long term care insurance must NOT do the following complete a total...

What is the purpose of the Ohio Life and Health Insurance Guaranty Association Act? - ️️to protect the insured from company insolvency A licensee who is required to take continuing education must include how many ethics coursework hours? - ️️3 What MUST the company do prior to conducting an HIV related test? - ️️Obtain a written authorization from the proposed insured The Ohio insurance superintendent is appointed to office and has all of the following powers and duties EXCEPT...