After a Sequestration Order Has Been Made the Trustee in Bankruptcy

question 47

Multiple Choice

After a sequestration order has been made the trustee in bankruptcy does not have an obligation to:

• A)Consider whether the bankrupt has committed any offences under the Bankruptcy Act 1966 (Cth).
• B)Determine whether the bankrupt has, in the past, made transfers of property that ought to be reversed.
• C)Notify creditors of the bankruptcy and evaluate what can be sold to pay debts.
• D)Give priority to the repayment of debts owed to members of the bankrupt's family.

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Definitions:

Iteration

The repetition of a process or set of instructions in a program until a certain condition is met.

Iteration Structure

A programming construct used to repeat a block of code multiple times until a specified condition is met, examples include for, while, and do-while loops.

Sequence

An ordered collection of objects or values where each item is identifiable by its position within the collection.

Selection

A programming construct that allows for choosing between two or more paths of execution based on conditions.