Exam (elaborations)
MRL3701 - VESTING OF THE ASSETS OF THE INSOLVENT questions and answers with accurate solutions and a grade of A+
- Course
- Institution
FUNCTION OF THE TRUSTEE - ANS1. Collect the assets in the estate 2. realize them 3. distribute proceeds amongst creditors in the order of preference laid down by the Act. VESTING OCCURS - ANSeven in respect of property which has been sold in execution if the debtor's estate is sequestrated b...
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