Question 9

Under the Bankruptcy Code, a priority may not exist for:

A. Costs incurred by creditors in successfully opposing the discharge of a debtor

B. Costs of administering a debtor's estate

C. Claims of governmental entities for various taxes and duties

D. None of the foregoing

Question 10

(True) or (False)? When a preference in bankruptcy exists, there is no preference of one creditor over other creditors.

A. (True)

B. (False)