In common parlance - Study guides, Class notes & Summaries

MRL3701 INSOLVENCY LAW SUMMARY NOTES LATEST 2022. STUDY UNIT 1 INTRODUCTION TO INSOLVENCY LAW Identify the problem faced by the court in Magnum Financial Holdings. The only problem before the court was whether a trust could, at law, be sequestrated. Summarise the authority which the court relied on to solve the problem which it faced. No South African case seemed to have dealt with whether a trust could be sequestrated in terms of section 9(1) read with the definition of “debtor” in se...

In common parlance, a person may be said to be insolvent when his liabilities, fairly estimated, exceed his assets, fairly valued FALSE A debtor who has no assets and only liabilities cannot surrender his estates TRUE When the debtor applies for voluntary surrender, the debtor's affidavit, verifying that the statement of affairs is true and complete and that every estimated amount contained in it is fairly and correctly estimated, may be attested by the applicant's attorney. FALSE Th...

Alcohol Use Disorders-Questions and Answers Graded A+ alcohol use disorder according to DSM V - ANSWER-DSM V diagnoses that integrates two DSM IV diagnoses: alcohol abuse and alcohol dependence alcohol abuse - ANSWER-DSM IV diagnosis the continued use of alcohol despite negative consequences alcohol dependence - ANSWER-DSM IV diagnosis presence of tolerance or withdrawal associated with alcohol use without the other - ANSWER-in DSM IV, it was possible to have alcohol dependanc...

MRL3701 – INSOLVENCY LAW SUMMARY NOTES. STUDY UNIT 1 INTRODUCTION TO INSOLVENCY LAW Identify the problem faced by the court in Magnum Financial Holdings. The only problem before the court was whether a trust could, at law, be sequestrated. Summarise the authority which the court relied on to solve the problem which it faced. No South African case seemed to have dealt with whether a trust could be sequestrated in terms of section 9(1) read with the definition of “debtor” in section ...

NURSING PRACTICE I: FOUNDATION OF NURSING PRACTICE SITUATION: Nursing is a profession. The nurse should have a background on the theories and foundation of nursing as it influenced what is nursing today. 1. Nursing is the protection, promotion and optimization of health and abilities, prevention of illness and injury, alleviation of suffering through the diagnosis and treatment of human response and advocacy in the care of the individuals, families, communities and the population. This is ...

MRL3701 EXAM PACK 2021. 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 preference by reason ...

MRL3701 STUDY NOTES. MRL3701 - Insolvency Law. INTRODUCTION TO INSOLVENCY LAW Identify the problem faced by the court in Magnum Financial Holdings. The only problem before the court was whether a trust could, at law, be sequestrated. Summarise the authority which the court relied on to solve the problem which it faced. No South African case seemed to have dealt with whether a trust could be sequestrated in terms of section 9(1) read with the definition of “debtor” in section 2 of 16 t...

) Explain the main purpose of a sequestration order in respect of Tenza’s estate. (2) The main purpose of a sequestration order is to ensure the orderly and fair distribution of a debtor’s (Tenza’s) assets if his assets are not sufficient to pay all his creditors in full. (2) Give reasons why a sequestration order may not be granted if a debtor has only one creditor or if there are not enough assets to cover the costs of sequestration. (3) If a debtor has only one creditor, there are...

Let’s apply this simple principle to a concrete set of facts: Assume X is charged with having assaulted Y. The evidence relied upon by the prosecution to prove the charge reveals that one night while X was walking in his sleep, he trampled upon Y, who happened to be sleeping on the fl oor. Has X committed assault? FEEDBACK The answer is obviously “no”, on the following grounds: Because X was walking in his sleep, his act was not voluntary – in other words, while sleepwalking, he was n...