With regard to bankruptcy and debt collection, which of the following is false?
a. The Bankruptcy and Insolvency Act provides for a procedure for an insolvent debtor to make a proposal to his creditors which may or may not result in bankruptcy for the debtor.
b. Both fraudulent conveyance and fraudulent preferences acts (change for jurisdiction) attempt to prohibit the debtor from delaying, hindering or defrauding the creditor.
c. Corporations which go into receivership may not be involved in bankruptcy; the receivership may be based on contract.
d. The commission of a bankruptcy offence could prevent a bankrupt debtor from being discharged.
e. Any assets obtained by a discharged bankrupt can still be claimed by former creditors who placed the former bankrupt into bankruptcy