Which of the Following Is Most Frequently the Result of Proving

question 5

Multiple Choice

Which of the following is most frequently the result of proving that the value of assets was less than half the liabilities?

• A) a bankruptcy offence
• B) an absolute discharge
• C) a criminal offence
• D) a conditional discharge

---

Definitions:

Reasonable Expectations

The anticipation of benefits, actions, or conditions based on what an ordinary person would consider fair under specific circumstances.

Inconsistent Warranties

Situations where the guarantees or assurances provided on products or services conflict with each other.

Dominant

Exerting power or influence over others; often used to describe a company or country in a position of authority within its field or region.

Warranty of Title

A guarantee provided by a seller to a buyer that the seller has the right to sell the property and that there are no undisclosed liens, claims, or encumbrances against it.