Question
Q.1.2 In an application for compulsory sequestration, it is possible to infer that the debtor is insolvent merely because he asked the creditor (orally) to
Q.1.2 In an application for compulsory sequestration, it is possible to infer that the debtor is insolvent merely because he asked the creditor (orally) to pay off the full amount of his debt at a later stage.Is this statement true or false? Motivate your answer.(5)
Q.1.3 Jane Deer is the 'employee' and her employer has been sequestrated.Does the sequestration of the employer's estate automatically terminate the employment contract between the employer and the employee? Critically discuss the effect of this sequestration on the employment contract.(5)
Q.1.4 Chase's estate has been sequestrated. Chase is the 'lessee' and he is living in an apartment owned by Craig. Chase has not paid his rent for three months. What claims does Craig the lessor have against an insolvent's estate?Explain what each type of claim is for. What type of claim/s does Craig have in respect of the outstanding rental amount? (10)
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