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:

Victim of Abuse

Refers to an individual who has been subjected to harmful, injurious, or offensive treatment through the actions of another person or group.

Family Dynamics

The patterns of relations and interactions among family members that influence the family's structure and functioning.

Coping Skills

Techniques or strategies used to manage stress, adapt to challenging situations, and maintain emotional well-being.

Hospitalized Patients

Individuals admitted to a hospital for treatment, observation, or surgery.