Question 17 1 pts Which of the following is true with respect to bankruptcy law it is strictly federal statutory low entered in federal bankrotcy court it had sinistrative Low it is strictly state statutory law administered in state bankruptcy court it is part of a uniform code. Question 18 1 pts Ashland purchases real property and receives a warranty deed from the seller. He decides not to purchase title Insurance. Later, it is revealed that title is defective so Ashland sues the seller. What is the likely outcome? Ashland loses because he could have purchased title insurance Ashland wins under the terms of the deed. Ashland loses if the title defect pre-dates the seller's ownership of the property Ashland loses because he assumed the risk of a title defect