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MRL3701 ASSIGNMENT 2 SEMESTER 1 ( CORRECT ANSWERS ) DUE DATE 13th MAY 2025 GUARANTEED DISTINCTION.

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MRL3701 ASSIGNMENT 2 SEMESTER 1 ( CORRECT ANSWERS ) DUE DATE 13th MAY 2025 GUARANTEED DISTINCTION. FOR MORE ASSISTANCE 2 ANSWERS PROVIDED. Assessment 2 Semester 1 – 2025 DUE DATE: 13 May 2025 QUESTION: Kabelo’s estate was sequestrated in 2021 and he has not yet been rehabilitated. Dennis was appointed as the trustee of the insolvent estate. The assets in Kabelo’s estate were insufficient to cover the sequestration costs. As a result, all his creditors had to pay a contribution and the concurrent creditors did not receive dividends. Kabelo recently won a motor vehicle worth R200 000 in a competition which was run by the Mall of South Africa. When Dennis heard of the news, he claimed delivery of the car. Kabelo really likes the car and wants to keep the car. Kabelo comes to you for advice. He wants to know whether he has to deliver the car to the trustee or if there are ways he could keep the car. By referring to relevant legislation, advise Kabelo.

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MRL3701








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  • mrl3701 assignment 2 semester 1 correct answers

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MRL3701 ASSIGNMENT 2
SEMESTER 1 ( CORRECT
th
ANSWERS ) DUE DATE 13 MAY
2025 GUARANTEED DISTINCTION.
FOR MORE ASSISTANCE WHATSAPP +254740539068

2 ANSWERS PROVIDED.

Assessment 2


Semester 1 – 2025


DUE DATE: 13 May 2025


QUESTION:


Kabelo’s estate was sequestrated in 2021 and he has not yet been rehabilitated. Dennis was


appointed as the trustee of the insolvent estate. The assets in Kabelo’s estate were

insufficient to cover the sequestration costs. As a result, all his creditors had to pay a

contribution and the concurrent creditors did not receive dividends. Kabelo recently won a

motor vehicle worth R200 000 in a competition which was run by the Mall of South Africa.

When Dennis heard of the news, he claimed delivery of the car. Kabelo really likes the car

and wants to keep the car. Kabelo comes to you for advice. He wants to know whether he

has to deliver the car to the trustee or if there are ways he could keep the car. By referring

to relevant legislation, advise Kabelo.

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