help 23/22

22. Andy's business is unable to pay its debts and he does not see any way the business will improve. In this case, Andy should file a voluntary petition for what type of bankruptcy? a. Chapter 7 b. Chapter 11 c. Chapter 12 d. Chapter 13 23. Gem brings her necklace to the jewelry store for repair. The store sells Gem's necklace to Dick for $4000. The sale of the necklace is legitimate due to the: a. Parol evidence rule b. Merchant rule C. Entrustment rule d. Good faith purchase rule in far han nuncy