A 'liquidated debt' is a debt where the sum owed:
A) can be collected by the liquidator of a company.
B) can be converted into cash.
C) is a specific amount of money.
D) can be paid in the form of alcohol.
Correct Answer:
Verified
Q2: One of the requirements for issuing a
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Q4: Which of the following is the act
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Q6: Which of the following are disadvantages of
Q8: Melinda,a professional musician,artist,has declared herself bankrupt.Which,if any,of
Q9: An examination summons is a very common
Q10: To assess a person's credit worthiness which
Q11: A summons for a liquidated debt is
Q12: Garnishee orders could be served on:
A)a bank
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