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The Local Court Ordered Ofelia to Pay Kerry a Debt

Question 14

Multiple Choice

The local court ordered Ofelia to pay Kerry a debt of $2000.When she failed to pay,Kerry sent the sheriff to Ofelia's house to seize goods as repayment.Four months later another creditor,who is owed $10 000,wants to apply for a creditor's petition to force Ofelia into bankruptcy.Which of the following statements is true?


A) Ofelia has committed an act of bankruptcy that any creditor can rely on when applying for a creditor's petition.
B) The creditor who sent the sheriff to Ofelia's house is the only person who can apply for a creditor's petition.
C) Ofelia will commit an act of bankruptcy if she refuses to admit the sheriff the next time he arrives.
D) Ofelia has committed an act insolvency but not an act of bankruptcy.

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