Mr Holden, a Program Developer, Had a Successful Business Helping

question 210

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 came out with 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 false?

• A) The supplier could get a government official to seize and sell enough of Holden's property to satisfy the debt.
• B) The supplier could examine Holden under oath about his assets and sources of income.
• 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) Since the decision is in his favour, the supplier would be a judgment creditor, Holden, a judgment debtor.
• E) The supplier could obtain a writ of execution that directs a court official to seize Holden and detain him in court until he arranges payment.

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Definitions:

Black Migration

Refers to the movement of African Americans from the rural Southern United States to the urban North, Midwest, and West from approximately 1916 to 1970, often called the Great Migration.

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A city in Illinois notable for the 1917 race riot, one of the most violent episodes of racial conflict in the 20th-century United States.

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A violent disturbance by a crowd, often a symptom of social unrest or protest against authority or government policies.

Nannie Helen Burroughs

An African American educator, orator, religious leader, and businesswoman, known for her activism for women's rights and the education of black children, founding the National Training School for Women and Girls in Washington, D.C., in 1909.