1. Harold files a bankruptcy petition. The resulting automatic stay will apply to Harolds payments for

	a.	alimony.
	b.	child support.
	c.	credit card debt
	d.	none of the choices.

1 points

QUESTION 14

1. Roland files for Chapter 7 bankruptcy. After all his assets have been sold and the proceeds distributed among his creditors, Rolands remaining debts, subject to certain exceptions

	a.	are paid by the court.
	b.	are discharged.
	c.	must be paid by Roland.
	d.	are put on hold until Roland has sufficient means to pay them.

1 points

QUESTION 15

1. Spicy Pizza, Inc., files for bankruptcy under Chapter 11. Spicys reorganization plan must contain

	a.	a plan to turn over its future income to the trustee.
	b.	a statement of preference for one creditor over another.
	c.	a provision of adequate means for the plans execution.
	d.	a certificate proving attendance at a credit-counseling briefing.

1 points

QUESTION 16

1. Stefani and Tyler agree in an exchange of e-mail to form a partnership to buy and sell real property. Their partnership agreement is legally binding

	a.	only if the parties exchange valid consideration.
	b.	only if the agreement is printed in hard copy and signed by the parties.
	c.	only if a copy of the agreement is filed in the appropriate state office.
	d.	without more.