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Q U ESTIONS 1.Rose now approaches you for advice. Explain to Rose the Acts of insolvency as indicated in the Insolvency act of 24 of
Q U ESTIONS 1.Rose now approaches you for advice. Explain to Rose the Acts of insolvency as indicated in the Insolvency act of 24 of 1936.Enlighten Rose which act of insolvency applies to her. (30) 2.Differentiate between liquidation and sequestration. {15} 3.Differentiate between voluntary sequestration and compulsory sequestration. (15) 4.Advise Rose of the effects of Sequestration on: 4.1 Incomplete contracts. (5} 4.2 Employment contracts (5} 4.3 Instalment transactions (5} 5.Explain rehabilitation to Rose. (15}
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