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Old MathJax webview bussiness law With regard to debt collection, which of the following is false? a) Under the execution procedure, the assets of a

Old MathJax webview

bussiness law

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With regard to debt collection, which of the following is false? a) Under the execution procedure, the assets of a judgment debtor can be seized to satisfy a judgment debt. b) Any assets obtained by a bankrupt after his being discharged can still be claimed by former creditors who placed him into bankruptcy. c) A debenture can create a "floating charge" that will not attach to anything specifically until the debtor defaults or until the happening of another "crystallizing" event. d) A person who wins in an action and is awarded damages is called a "judgment creditor." e) The Bankruptcy and Insolvency Act provides for a procedure for an insolvent debtor to make a proposal to his creditors that, if accepted by his creditors, will not result in bankruptcy

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