Which of the Following Statements Is Not Correct in Relation

question 8

Multiple Choice

Which of the following statements is not correct in relation to s 76 of the National Credit Code which allows a court to reopen a contract because it is unjust?

• A)The court may take into account whether the borrower received independent advice.
• B)The court may take into account the relative bargaining powers of the borrower and the lender.
• C)The court may order that the contract is void and the borrower has no more obligations to the borrower.
• D)An application to reopen a contract must be made within 12 months from when the contract ended.

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Definitions:

Sieve Plates

Specialized structures found in the phloem of plants that facilitate the flow of nutrients by containing pores through which sap can flow between cells.

Vascular Cylinder

Of a plant root, central column that consists of vascular tissue, pericycle, and supporting cells.

Endodermal Cells

Cells originating from the innermost layer of the embryo, which give rise to the lining of the digestive and respiratory systems.

Casparian Strip

A band of cell wall material found in the roots of plants, acting as a barrier to the passive flow of substances.