INSOLVENCY LAW

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...

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MRL3701 ASSIGNMENT 1 MEMO - SEMESTER 1 - 2024 - UNISA – DUE DATE: - 14 MARCH 2024 (DETAILED REFERENCES) 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, an insolvent is not allowed to acquire a new estate. ...

MRL3701 ASSIGNMENT 1 MEMO - SEMESTER 2 - 2023 - UNISA - DUE DATE: - 31 AUGUST 2023 (DETAILED MEMO – FULLY REFERENCED – 100% PASS - GUARANTEED) A) Estate Wege v Strauss 2932 AD 7 B) Epstein v Epstein 1987 (4) SA 606 (C) C) Pretorius’ Trustee v Van Blommenstein 1949 (1) SA 267 (O) D) Magnum Financial Holdings (PTY) Ltd (In Litigation) v Summerly and Another NNO 1984 (1) SA 160 (W) E) Prinsloo en ‘n Ander v Van Zyl NO 1967 (1) SA 581 (T)

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, 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 ...

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