MRL3701 Insolvency Law (MRL3701)

the document has the latest questions and elaborate answers

MRL3701 EXAM PACK 2023. 100% CORRECT questions, answers, workings and explanations.

MRL3701 EXAM PACK. 100% CORRECT questions, answers, workings and explanations. Question 1 1.1 Briefly explain what is meant by the concept of “concursus creditorum”. (5) (Your answer must not exceed half a page or 120 words) 1.2 Explain why the court in Ex Parte Arntzen (Nedbank Ltd as Intervening Creditor) 2013 (1) SA 49 (KZP) held that creditors are more vulnerable in voluntary surrender applications than in compulsory sequestration which then gives rise to the requirement of a high...

the document has the latest questions and elaborate answers

MRL_3701 Test Bank With Answers. QUESTION 1 Fill in the missing words or word: (a) A debtor’s estate is sequestrated, not the debtor himself. (2) (b) The debtor need not have ordinarily resided or carried on business for the entire 12 months preceding the sequestration application: ordinary residence or conduct of business at any time during that period suffices. (2) (c) Free residue’ is defined in s 2 as ‘that portion of the estate which is not subject to any right of prefe...

mrl3701 exam pack 2023

MRL3701 EXAM PACK 2023

MRL3701 Insolvency Law assignment 01 semester 01 2023 questions and answers.QUESTION: Critically discuss the case of Amod v Khan 1947 (2) SA 432 (N) with reference to the relevant legislation. (10) (Option 1) The case of Amod v Khan, 1947 (2) SA 432 (N), dealt with the issue of undue influence in the context of a contract. The case is significant because it established the principle that a party who uses undue influence to induce another party to enter into a contract can render the cont...

MRL3701 Assignment 1 Semester 1 2023 100% TRUSTED workings, explanations and solutions ,

MRL3701 Assignment 1 Semester 1 2023 100% TRUSTED workings, explanations and solutions.