Which of the Following Is NOT a Requirement of the Bankruptcy

question 12

Multiple Choice

Which of the following is NOT a requirement of the Bankruptcy Act 1966 (Cth) ?

• A)The bankrupt must disclose all their property to the Trustee.
• B)The bankrupt must comply with all of the directions of the Trustee.
• C)The bankrupt must inform the Trustee if they are aware that a person has lodged a false proof of debt.
• D)The bankrupt must explain any loss of assets has occurred within the last three-year period.

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Definitions:

Value Engineering

An organized approach to enhancing the "value" of products and services through a functional analysis.

Environmentally Friendly Designs

Designs that minimize negative impacts on the environment through sustainable practices and materials.

Dimensions

Pertains to the measurable attributes or aspects of objects or processes, such as length, width, height, and time.

Tolerances

The allowable limits of variation in a physical dimension or measurement within which a part or component can function correctly.