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MRL3701 ASS 1 SEME 1 2026

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Institution University Of South Africa (Unisa)
Course Insolvency Law (MRL3701)
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MRL3701 ASS 1 SEME 1 2026

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MRL3701
Insolvency Law Department of Mercantile Law
Assessment 1 Semester 1 - 2026

DUE DATE: 2 March 2026

N. B PARAPHRASE YOUR WORK TO AVOID PLARARISM (CAHNGE WORDS)




(a) Voidable Preference
A voidable preference refers to a transaction entered into by a debtor before
sequestration which has the effect of favouring one creditor above others at a
time when the debtor is factually insolvent. This is regulated by section 29 of
the Insolvency Act 24 of 1936. The purpose of this provision is to ensure

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