[amp_mcq option1=”A preferential debt” option2=”An ordinary unsecured debt along with other creditors” option3=”An ordinary debt but priority over other creditors” option4=”A secured debt” correct=”option1″]<\/p>\n
The correct answer is (a). A Muslim wife’s right to ‘dower’ can be claimed as a preferential debt.<\/p>\n
A preferential debt is a debt that is paid out of the assets of a bankrupt estate before other debts. In the case of a Muslim wife, her dower is a preferential debt, which means that it will be paid out of the assets of her husband’s estate before other debts, such as credit card debt or business loans.<\/p>\n
The other options are incorrect. Option (b) is incorrect because an ordinary unsecured debt is a debt that is not secured by any collateral. This means that the creditor cannot seize any of the debtor’s assets to satisfy the debt. Option (c) is incorrect because an ordinary debt is not given priority over other debts. Option (d) is incorrect because a secured debt is a debt that is secured by collateral. This means that the creditor can seize the collateral to satisfy the debt if the debtor does not pay.<\/p>\n
I hope this helps! Let me know if you have any other questions.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”A preferential debt” option2=”An ordinary unsecured debt along with other creditors” option3=”An ordinary debt but priority over other creditors” option4=”A secured debt” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[66],"tags":[],"class_list":["post-4539","post","type-post","status-publish","format-standard","hentry","category-islamic-law","no-featured-image-padding"],"yoast_head":"\n