units

BTW3300

Faculty of Business and Economics

Undergraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelUndergraduate
FacultyFaculty of Business and Economics
OfferedNot offered in 2012
Coordinator(s)Ms Jeanne Nel and Ms Nazreen Shaik-Peremanov

Synopsis

An introduction to the principles of estate duty and planning. An examination of the administration of deceased estates and insolvent estates including the following: Principles of testate and intestate succession, role of the Master of the High Court, executor's role and the executor's account, application for sequestration and acts of insolvency, consequences of sequestration, role of the trustee, trustee's accounts, preferential creditors, encumbered assets, contribution, claim withdrawal, composition, insolvent deceased estates and partnerships, grounds for and methods of winding-up companies and close corporations, judicial management and rehabilitation.

Outcomes

The learning goals associated with this unit are to:

  1. apply principles of testate and intestate succession
  2. develop an understanding of the role of the Master of the High Court and the executors role over the executors account
  3. examine the laws applicable to encumbered assets, claim withdrawal and grounds for and methods of winding-up companies.

Assessment

Within semester assessment: 30%
Examination (3 hours, open-book): 70%

Contact hours

3 hours per week

Prerequisites

BTW1201