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Mrl3701 Assignment 01 Memorandum

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University Of South Africa (Unisa)
Course
Mrl3701 Insolvency law (MRL3701)

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MRL3701 Assignment 01 2024

OPENS 12 MARCH 2024

MODULE CODE: MRL3701(INSOLVENCY LAW)

DATE: 18 MARCH 2024

ASSIGNMENT: 01

SEMESTER: 01




Pass guarantee bibliography and academic honesty declaratio




QUESTION 1
a. TRUE. In a community of property marriage, the insolvency of one spouse can be
considered an act of insolvency for both partners, as their assets are shared.
b. TRUE. Generally, during the period of insolvency, an insolvent individual is restricted
from acquiring new assets as the existing assets are subject to the insolvency process.
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University of South Africa (Unisa)
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Mrl3701 Insolvency law (MRL3701)

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