35-37

1s If a debtor's income exceeds the applicable median income and he or she desires to file a Chapter 7 bankruptcy, which of the following is true? the bankruptcy judge makes that determination the trustee makes that determination at the 341 meeting, o the means test is applied to determine whether the debtor has disposable income to be paid to creditors - if yes, Chapter 13 bankruptcy - if no Chapter 7 bankruptcy the US. Trustee makes that determination when the petition is filed Question 36 1 pts In 2021, Victor files for Chapter 7 bankruptcy. His 2020 income taxes of $20,000 are unpaid. Which of the following is true? the income taxes are dischargeable o the income taxes are non-dischargeable. Victor must le a Chapter 13 bankruptcy in order to discharge the taxes O Victor must file a Chapter 11 bankruptcy in order to discharge the taxes Question 37 1 pts Which of the following is true with respect to the principal agency relationship? Only the agent owes a duty to the principal For the relationship to be valid, there must be consideration paid to the agent both parties have duties with respect to the other party The arrangement must be in writing