Which of the Following Is Not One of the Consequences

question 16

Multiple Choice

Which of the following is not one of the consequences for a business of breaching the National Credit Code?

• A)A civil suit
• B)Civil penalties
• C)Criminal penalties
• D)The appointment of a receiver

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Definitions:

Right to Payment

The entitlement to receive a certain amount of money, typically as a result of a contract or agreement.

Assignee

The person or entity to whom rights, interests, or properties are legally transferred.

Rights to Payment

Legal entitlements to receive money from another party, either through contractual agreement or as compensation for damages.

Personal in Nature

Characteristics or belongings that are intimately related to an individual's private life or identity.