Insolvency law

Well-structured PVL3702 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!).................. Jack is a property developer who is well known for building residential developments. He recently built cluster homes in an upmarket suburb in Cape Town. All the cluster homes are built with the same size and layout, and they only differ with the positioning of each cluster in the complex. This development is brand new, and Jack appoints Sandy a...

MRL3701 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 - DUE 9 April 2024 100% TRUSTED workings, explanations and solutions. ..................................................... Wandile owes a total of R3 million to various creditors. His creditors include Zozo to whom he owes R400 000. He also owes R1,3 million to DRG Bank. Last year Wandile invested in a get-rich-quick scheme as a result of which he lost a lot of money. This left him in a dire financial situation. By 31 October 2023 his lia...

This document contains detailed, clear, suggested solutions, and references for MRL3701 Assignment 2, Semester 1, 2024. Wandile owes a total of R3 million to various creditors. His creditors include Zozo to whom he owes R400 000. He also owes R1,3 million to DRG Bank. Last year Wandile invested in a get-rich-quick scheme as a result of which he lost a lot of money. This left him in a dire financial situation. By 31 October 2023 his liabilities exceede...

This document contains Mrl3701 Assignment 01 Semester 01 2024 with quality answers, distinction guaranteed from 75% upwards

MRL3701 ASSIGNMENT 2 SEMESTER 1 – 2024 (883082) DUE DATE: 09 APRIL 2024 Answer the following questions based on the facts given above: a. Discuss the requirements that an applicant must prove in order to obtain a court order for the sequestration of a debtor’s estate. (3) b. Discuss whether Zozo may successfully apply for a court order for the sequestration of Wandile’s estate. (5) c. Explain the concept of an act of insolvency, and also discuss the main purpose of section 8...

MRL3701 ASSIGNMENT 1 SEMESTER 1 – 2024 (686262) DUE DATE: 14 MARCH 2024 Question 1: (5 marks) Indicate whether the following statements are TRUE (T) or FALSE (F) and provide a reason or explanation for your answer. a. An act of insolvency committed by a spouse married in community of property operates as an act of insolvency by the guilty spouse. b. During the period of insolvency, an insolvent is not allowed to acquire a new estate. c. The insolvent may recover for his own b...

MRL3701 ASSIGNMENT 1 MEMO - SEMESTER 1 - 2024 UNISA – DUE DATE: - 14 MARCH 2024 (DETAILED ANSWERS WITH FOOTNOTES AND A BIBLIOGRAPHY - DISTINCTION GUARANTEED!) Assessment 01: Question 1: (5 marks) Indicate whether the following statements are TRUE (T) or FALSE (F) and provide a reason or explanation for your answer. a. An act of insolvency committed by a spouse married in community of property operates as an act of insolvency by the guilty spouse. b. During the period of insolvency, ...

MRL3701 ASSIGNMENT 2 MEMO - SEMESTER 1 - 2024 UNISA – DUE DATE: - 9 APRIL 2024 (DETAILED ANSWERS WITH FOOTNOTES AND A BIBLIOGRAPHY - DISTINCTION GUARANTEED!) Assessment 02: Question 1: (10 marks) Wandile owes a total of R3 million to various creditors. His creditors include Zozo to whom he owes R400 000. He also owes R1,3 million to DRG Bank. Last year Wandile invested in a get-rich-quick scheme as a result of which he lost a lot of money. This left him in a dire financial situation. B...

Question 1: (5 marks) Indicate whether the following statements are TRUE (T) or FALSE (F) and provide a reason or explanation for your answer. a. An act of insolvency committed by a spouse married in community of property operates as an act of insolvency by the guilty spouse. b. During the period of insolvency, an insolvent is not allowed to acquire a new estate. c. The insolvent may recover for his own benefit any pension to which he may be entitled as this forms part of property that...

MRL3701 ASSIGNMENT 2 MEMO - SEMESTER 1 - 2024 UNISA – DUE DATE: - 9 APRIL 2024 (DETAILED ANSWERS WITH FOOTNOTES AND A BIBLIOGRAPHY - DISTINCTION GUARANTEED!) Question Wandile owes a total of R3 million to various creditors. His creditors include Zozo to whom he owes R400 000. He also owes R1,3 million to DRG Bank. Last year Wandile invested in a get-rich-quick scheme as a result of which he lost a lot of money. This left him in a dire financial situation. By 31 October 2023 his liabil...