Which of the Following Acts on the Part of a Bankrupt

question 57

Multiple Choice

Which of the following acts on the part of a bankrupt person is not a bankruptcy offence?

• A)Giving an unfair preference 2 years prior to becoming bankrupt.
• B)Borrowing more than a prescribed amount of money without disclosing their status as an undischarged bankrupt.
• C)Becoming a director of a company without court permission.
• D)Gambling money in the 2 years prior to becoming bankrupt.

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Definitions:

Policy Practitioners

Professionals engaged in the practical aspects of developing, advocating for, and implementing policies within governmental or organizational structures.

Initiative

The ability to assess and initiate things independently, often to bring about change or take charge in situations.

Coalition Building

The process of bringing together multiple stakeholders or organizations to form an alliance towards a common goal.

Common Strategy

A widely used approach or method to achieve a specific goal or overcome a challenge, shared among various groups or individuals.