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ACC 411 Executorship & Bankruptcy Accounting Assignment.scrtanimaukseed bankrupt and without being discharged, he is ambitious to i) contest election as a State Governor, ii) be

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ACC 411 Executorship & Bankruptcy Accounting Assignment.scrtanimaukseed bankrupt and without being discharged, he is ambitious to i) contest election as a State Governor, ii) be elected as the Director of a Bank and iii) marry a second wife. i) Highlight the consequences of being adjudged a bankrupt and ii) Comment on the possible success or failure of each of Alhaji Maitama's three ambitions stated above (8 marks) Advise on the procedure for his discharge (4 marks) Who may be declared a bankrupt? (3 marks) a) b) C)

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