A receiving order is used in
A)negotiations.
B)tort proceedings.
C)legal proceedings for breach of a sales agreement where the promisee is to receive products from another.
D)bankruptcy proceedings.
E)proceedings involving negotiable instruments as a defence to an action on the negotiable instrument.

Question

Quizplus · Accepted Answer

Receiving orders are primarily used in bankruptcy proceedings to allow a creditor to receive payment from the debtor's assets. The receiving order is issued by a court and directs the debtor to pay the creditor.

A Receiving Order Is Used in