MRL3701 Assignment 01 2024
OPENS 12 MARCH 2024
MODULE CODE: MRL3701(INSOLVENCY LAW)
DATE: 18 MARCH 2024
ASSIGNMENT: 01
SEMESTER: 01
Pass guarantee bibliography and academic honesty declaratio
QUESTION 1
a. TRUE. In a community of property marriage, the insolvency of one spouse can be
considered an act of insolvency for both partners, as their assets are shared.
b. TRUE. Generally, during the period of insolvency, an insolvent individual is restricted
from acquiring new assets as the existing assets are subject to the insolvency process.
OPENS 12 MARCH 2024
MODULE CODE: MRL3701(INSOLVENCY LAW)
DATE: 18 MARCH 2024
ASSIGNMENT: 01
SEMESTER: 01
Pass guarantee bibliography and academic honesty declaratio
QUESTION 1
a. TRUE. In a community of property marriage, the insolvency of one spouse can be
considered an act of insolvency for both partners, as their assets are shared.
b. TRUE. Generally, during the period of insolvency, an insolvent individual is restricted
from acquiring new assets as the existing assets are subject to the insolvency process.
