Law of insolvency
University of South Africa (Unisa)
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Exam (elaborations)
MRL3701– Assignment 01 (Semester 1/ 25 March 2025) Answers- For expert assistance with assignments and exam preparation, contact 0/7/2/7/6/7/9/5/9/7.
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- MRL3701– Assignment 01 (Semester 1/ 25 March 2025) Answers 
 
QUESTION: 
Thabo owes an amount of R2 567 374.00 to his creditors. Since Thabo’s retrenchment by his 
long-standing employer in March 2024, Thabo has been experiencing ongoing financial 
difficulty. He has failed to pay his debts over the past few months, and since 30 November 
2024 his liabilities have exceeded his assets. Maria is one of Thabo’s creditors, who is owed 
an amount of R320 000 by Thabo. Thabo’s debt to Mari...
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$3.18 More Info
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