After a sequestration order has been made the trustee in bankruptcy does not have an obligation to:
A) consider whether the bankrupt has committed any offences under the Bankruptcy Act 1966 (Cth) .
B) determine whether the bankrupt has, in the past, made transfers of property that ought to be reversed.
C) notify creditors of the bankruptcy and evaluate what can be sold to pay debts.
D) give priority to the repayment of debts owed to members of the bankrupt's family.
Correct Answer:
Verified
Q1: Receivership:
A)involves winding up a company.
B)indicates that the
Q2: A 'debtor's petition' is:
A)an application by an
Q3: Lodging a declaration of intention to present
Q4: To qualify to make a creditor's petition,
Q5: In the context of bankruptcy law, 'voidable
Q7: The bankruptcy process is initiated by means
Q8: A 'sequestration order' is an order of
Q9: The Official Receiver of a bankruptcy district
Q10: Which of the following documents need not
Q11: A 'bankruptcy notice' is:
A)an order of the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents