please help the subject is business law

4of18 16.. Imagine that a student graduated from college with a degree in education, and they got a full- 17. time job in teaching. This work, which usually consists of teaching ve days a week, brings in about $3,200 a month. This individual is living with their parents, but have credit card bills, car payments, student loan payments, car insurance payments, etc. Their total debt is $53,000. If they cannot make all the payments due monthly on their debts, which of the following is the best answer? a. They can le a Chapter 13 and the trustee in bankruptcy will reduce some of their debt and extend it over a longer time. They cannot le for bankruptcy because their debt is too low. They cannot le for a Chapter 7 Bankruptcy. They will not qualify for a Chapter 13 Bankruptcy. None of these 9999' The judgment against Kim .Basinger for $9,500,000 was for the breach of an oral contract. In dealing with bankruptcy issues, it is important to understand the difference between secured and unsecured debt. Indicate the best answer. a. This judgment is an unsecured debt. b. This judgment is a secured debt. c. There could not be a judgment for $9,500,000, in regard to a breach of an oral contract. (1. All of these e. None of these