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MRL3701 Assignment 2 (COMPLETE ANSWERS) Semester 1 2025 - DUE 13 May 2025 R50,00
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  3. University Of South Africa (Unisa)
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  5. Insolvency Law (MRL3701)

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MRL3701 Assignment 2 (COMPLETE ANSWERS) Semester 1 2025 - DUE 13 May 2025

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MRL3701 Assignment 2 (COMPLETE ANSWERS) Semester 1 2025 - DUE 13 May 2025; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us... Kalebo approaches you for advice. He informs you that his brother, Benson, owes him R24...

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  • January 25, 2025
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MRL3701
Assignment 2 Semester 1 2025
Detailed Solutions, References & Explanations

Unique number:

Due Date: 13 May 2025

QUESTION 1 (3 ANSWERS PROVIDED)




Under Section 20(1)(a) of the Insolvency Act, upon sequestration, all of an insolvent’s assets

immediately vest in the trustee of the insolvent estate. This includes assets owned at the time

of sequestration as well as assets acquired during sequestration, before rehabilitation. Since

Kabelo has not yet been rehabilitated, any property he acquires—including the motor vehicle

he won—automatically becomes part of his insolvent estate and falls under the control of his

trustee, Dennis.



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