After a Sequestration Order Has Been Made the Trustee in Bankruptcy

question 5

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:

Alkene Products

Compounds that are produced through chemical reactions involving alkenes, which are hydrocarbons with double bonds.

Predominate

To hold major influence or to have the greatest importance, presence, or authority among a group or within a context.

Major Product

The primary outcome of a chemical reaction, which is produced in greater amount compared to any other products.

Reaction Mechanism

A Reaction Mechanism describes the step-by-step sequence of elementary reactions by which overall chemical change occurs.