- 1 Marks
Question
In which of the following shall an un-discharged bankrupt NOT engage?
A. Travel outside the country
B. Attend shareholders’ meeting of a company
C. Enjoy public amenities
D. Contest in an election for an elective office
E. Contribute to a public debate
Answer
D. Contest in an election for an elective office
Explanation:
An un-discharged bankrupt is restricted from holding certain public offices or contesting elections for elective offices, as part of the limitations imposed by bankruptcy laws. Other activities such as attending meetings or contributing to public debates are not restricted.
- Tags: Bankruptcy, Business Law, Restrictions
- Level: Level 1
- Topic: Partnership Law
- Series: MAY 2012
- Uploader: Theophilus