Lesson 7 - Exercises

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Lesson 7 – Exercises

Mgr. Filip Hajný, Mgr. Daniel Makovický

 NahoruExercise 1

Read the following short answers. Can you think of the corresponding questions?

Example:

aa) Trustee in bankruptcy.

Q: What is the name of a legal or management professional who is in charge of bankruptcy proceedings?

a) You can find it in the Insolvency Act.

Q:

b) I recommend that you undergo restructuring.

Q:

c) Five years.

Q:

d) They should register their receivables as soon as possible.

Q:

e) No, the debtor is limited to common and necessary activities only.

Q:

f) That would be contestable.

Q:

g) The value of its liabilities exceeds the value of its assets.

Q:

 NahoruExercise 2

Read these excerpts from a template of Notice of Execution and Exemptions in the State of Utah. There are 10 spelling mistakes (plus a few…