TB MC Qu. 28-30 Leila purchases a refrigerator on credit with a... Lella purchases a refrigerator on credit with a one-year guarantee. Three (3) weeks after the purchase the refrigerator fails to operate, and the dealer refuses to repair it Leila's fiance is a surety on her promise to pay. It Leila refuses to make further payments and the dealer tries to collect from Leita's fianc, what defense can her fianc use for not paying the creditor? Multiple Choice Inducement of the contract by fraud or duress Breach of warranty Lack of contractual capacity None, since a surety is pomaly and unconditionally able for the debt obligation TB MC Qu. 25-62 Gertrude has not paid rent for five months... Gertrude has not paid rent for five months and Mary, her landlord, wants to evict her. While Gertrude is at work, Mary enters the apartment and changes the lock. Mary moves all of Gertrude's belongings into a storage locker. When Gertrude comes home from work. Mary gives her the key to the storage locker. Which of the following is an accurate statement? Multiple Choice Mery was not entitled to act as she did and she performed an illegal eviction Mary was not entitled to act as she did because Gertrude was only five months behind in her rent Mary was entitled to act as she did because a landlord has a right to self help in a situation like this Mary was entitled to act as she did because she protected Gertrude's belongings by placing them in a storage locker TB MC Qu. 30-73 Under Chapter 13 of the Bankruptcy Code, Under Chapter 13 of the Bankruptcy Code, Multiple Choice no debt extensions are permitted no trustee is appointed (instead, the presiding Judge also serves as trustee) no plan may ordinarily be approved if an unsecured creditor objects the debtor ceases to exist as an ongoing business concern TB MC Qu. 26-13 A(n) party in a will can be... Ain) party in a will can be a witness to the will. Multiple Choice voidable interested disinterested None of the choices are correct TB MC Qu. 28-44 The surety or guarantor uses which of the... The surety or guarantor uses which of the following rights to prevent it from having to pay the creditor and then having to sue the debtor under the right of subrogation or reimbursement? Multiple Choice Bankruptcy Exoneration Acceleration Liquidation