Cynthia owes Bonolo R70 000 for several expensive and exclusive nail products she bought. After many attempts by Bonolo to get her money from Cynthia, Cynthia informs Bonolo that she is unable to settle her debts. What can Bonolo do now?

Choose the CORRECT option.

Question

Cynthia owes Bonolo R70 000 for several expensive and exclusive nail products she bought. After many attempts by Bonolo to get her money from Cynthia, Cynthia informs Bonolo that she is unable to settle her debts. What can Bonolo do now?  
 
 Choose the  CORRECT  option.

Answer

Bonolo may apply to a High Court for the liquidation of Cynthia’s estate.

Answer

Bonolo may apply to a Magistrate’s Court for the sequestration of Cynthia’s estate.

Answer

Bonolo may apply to a High Court for the sequestration of Cynthia’s estate.

Answer

Bonolo may apply to a Magistrate’s Court for the liquidation of Cynthia’s estate.

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Cynthia owes Bonolo R70 000 for several expensive and exclusive nail products sh...

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