Question
When a debtor is sequestrated, a Master is appointed to administer the estate. Answer the following questions regarding the appointment of the Master: (5) (a)
When a debtor is sequestrated, a Master is appointed to administer the estate. Answer the following questions regarding the appointment of the Master: (5) (a) In terms of which piece of legislation is the Master appointed? [1] (b) What is the pivotal role and function of the Master? [2] (c) What is meant by saying the Master is a "creature of statute"?
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Law and economics
Authors: Robert cooter, Thomas ulen
6th Edition
132540657, 978-0132540650
