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    Business Law Study Set 11
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    Exam 20: Managing a Business: Closing Down
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    On Being Made Bankrupt, All the Bankrupt Person's Assets Will
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On Being Made Bankrupt, All the Bankrupt Person's Assets Will

Question 14

Question 14

Multiple Choice

On being made bankrupt, all the bankrupt person's assets will automatically vest in:


A) the trustee in bankruptcy.
B) the bankrupt.
C) the Federal Court.
D) the petitioning creditor.

Correct Answer:

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