Question
1. Which of the following unsecured creditors has first priority? A. Miriam, an ex-spouse making a claim for an alimony debt. B. Roger, an employee
1. Which of the following unsecured creditors has first priority?
A. Miriam, an ex-spouse making a claim for an alimony debt.
B. Roger, an employee who earned wages 75 days before the bankruptcy but wasnt paid.
C. Janice, an attorney who handled the bankruptcy and has unpaid legal fees.
D. Gary, a farmer who is owed for one hundred pounds of grain he provided the debtor business.
2. Which piece of legislation prohibits denying an applicant credit on the basis of discrimination?
A. Fair Credit Act.
B. Equal Credit Opportunity Act.
C. Truth in Lending Act.
D. U.S. Constitution.
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