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Dan is the owner of a caf. He has invested a lot of his savings and taken out loans in order to fund the business.
Dan is the owner of a caf. He has invested a lot of his savings and taken out loans in order to fund the business. However, the business is not going well and barely generating any profit. Dan is no longer capable of paying all his creditors. Consider the above scenario and answer the following questions: 2.1 Advise Dan on how he can be assisted to meet his debt commitments. Refer to relevant legislation in your answer. (10) 2.2 Determine whether Dan could be the victim of a reckless credit agreement/s. Refer to relevant legislation in your
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