MRL3701 Assignment 1 (100% ANSWERS) Semester 2 2025 - DUE August 2025
MRL3701 Assignment 1 (100% ANSWERS) Semester 2 2025 - DUE August 2025.... Thandeka and Owen are married out of community of property. They came to see you as their legal representative. Their separate businesses were affected by the COVID-19 pandemic. As a result, their finances have been affected and they are struggling to make ends meet. They have thought it in their best interests to both get sequestrated. To save on sequestration costs, they wish to bring only one application before the court, but to each sequestrate their own estates in that one application, since they are married out of community of property and do not have a joint estate. Answer the following questions based on the facts given above: a. Briefly explain the purpose of a sequestration order. (5) b. With reference to case law, discuss whether Thandeka and Owen can successfully apply for the sequestration of both estates in a single application. (5)
Connected book
- 1996
- 9780702135460
- Unknown
Written for
- Institution
- University of South Africa (Unisa)
- Course
- Insolvency Law (MRL3701)
Document information
- Uploaded on
- July 23, 2025
- Number of pages
- 5
- Written in
- 2024/2025
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
-
mrl3701