Under the Bankruptcy Act 1966 (Cth) a Bankrupt Commits an Offence

question 6

Multiple Choice

Under the Bankruptcy Act 1966 (Cth) a bankrupt commits an offence if they fail to:

• A) Disclose all their property to the Trustee.
• B) Comply with all of the directions of the Trustee.
• C) Inform the Trustee if they are aware that a person has lodged a false proof of debt.
• D) All of the above.

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Definitions:

Positive Aspect

Refers to looking at the favorable elements of a situation, emphasizing optimism and constructive outcomes.

Illness Behaviors

Actions and attitudes that individuals adopt when they perceive themselves as ill.

Cured

The complete resolution or eradication of a disease or condition from an individual's body.

Risk Factor

Any characteristic or condition that occurs with greater frequency in people with a disease than it does in people free from that disease.