MrHolden, a Program Developer, Had a Successful Business Helping Small

question 48

Multiple Choice

Mr.Holden, a program developer, had a successful business helping small firms and shops computerize their businesses.In his spare time, he developed software for inventory control that was superior to others on the market.He launched an ad campaign and all went well for several months until a competitor released a cheaper program.In time, he could not pay his debts when they became due and owing.A supplier sued for damages and was awarded $21 000.Holden did not pay.With regard to the supplier's position at this time, which of the following is true?

• A)The supplier could ask for a post-trial hearing to identify Holden's assets and sources of income.
• B)Since the decision is in his favour, the supplier would be a judgment creditor and Holden would be a judgment debtor.
• C)The supplier could have a garnishee order served on Holden's bank, ordering the bank to pay money into court instead of to Holden.
• D)The supplier could get a government official to seize and sell enough of Holden's property to satisfy the debt.
• E)All of the above

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Definitions:

Polygraph Administrators

Individuals trained to conduct polygraph tests, which are used to measure physiological responses that may indicate whether a person is telling the truth.

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for quick response to perceived threats, often referred to as the "fight or flight" system.

Electrical Resistance

A measure of the opposition to the flow of electric current through a conductor, determining how much the conductor resists the electric flow.

Polygraph Test

A lie detection examination that measures and records various physiological responses such as blood pressure, pulse, and perspiration as indicators of truth or deception.