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What is the primary focus of Title 3, Chapter 1 of the safeguard plan?
What is the primary focus of Title 3, Chapter 1 of the safeguard plan?
- The protection of sub-buyers
- The safeguarding of the company (correct)
- The nullity of certain acts
- The recovery of the distressed business
What is the purpose of a safeguard plan in handling claims?
What is the purpose of a safeguard plan in handling claims?
- To provide a structured approach to handling claims (correct)
- To recover the distressed business
- To protect sub-buyers
- To declare the nullity of certain acts
What is the significance of the date of cessation of payments in the safeguard plan?
What is the significance of the date of cessation of payments in the safeguard plan?
- It is the date when onerous acts are considered with knowledge of the debtor's financial distress (correct)
- It is the date when the debtor's financial state is declared
- It is the cutoff date for seizing assets
- It marks the start of the recovery process
What is the role of judges in the safeguard plan regarding optional nullities?
What is the role of judges in the safeguard plan regarding optional nullities?
What type of acts can be subject to optional nullity if occurring within six months before the declaration of the state of inability to pay debts?
What type of acts can be subject to optional nullity if occurring within six months before the declaration of the state of inability to pay debts?
What is the primary goal of the safeguard plan?
What is the primary goal of the safeguard plan?
What is the significance of the knowledge of the debtor's financial state in the safeguard plan?
What is the significance of the knowledge of the debtor's financial state in the safeguard plan?
What type of acts are considered with knowledge of the debtor's financial distress after the date of cessation of payments?
What type of acts are considered with knowledge of the debtor's financial distress after the date of cessation of payments?
What is the purpose of outlining the list of optional nullities in the safeguard plan?
What is the purpose of outlining the list of optional nullities in the safeguard plan?
What is the significance of the safeguard plan in handling claims arising after the opening of insolvency proceedings?
What is the significance of the safeguard plan in handling claims arising after the opening of insolvency proceedings?
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