1 What is the Noerr Doctrine?

a. Two or more people can petition the government to enact laws or take action, without violating the antitrust laws.

b. A defense to Ponzi schemes

c. A doctrine named after Emperor Noerr that states that the President can permit monopolies to exist, but only in the railroad industry.

d. The same thing as Miranda warnings, but in the antitrust area.

2 What is the state action exemption?

a. Business activities that are mandated by maritime law

b. Business activities that are mandated by State law and exempt from federal regulation under the case of Parker v. Brown.

c. Business activities that are only local

d. Business activities that are mandated by Federal administrative law

3. Which of the following bankruptcy types are typically filed by companies seeking to reorganize?

a. Chapter 7

b. Chapter 11

c. Chapter 12

d. Chapter 13

4 Which of the following bankruptcy types are typically filed by individuals who are farmers?

a. Chapter 7

b. Chapter 11

c. Chapter 12

d. Chapter 13

5 Which of the following bankruptcy types are typically filed by individuals who are working, earning wages, and who want to pay at least part of their debts?

a. Chapter 7

b. Chapter 11

c. Chapter 12

d. Chapter 13

6 Which of the following bankruptcy types are typically filed by individuals who are not working or earning wages, and who want to discharge all of their debts?

a. Chapter 7

b. Chapter 11

c. Chapter 12

d. Chapter 13

7 One of the advantages in filing for bankruptcy protection is:

a. Automatic direct deposit of wages

b. Automatic stay of creditor actions

c. Automatic rebates for purchases made within 90 of filing

d. Automatic correction of credit reports

8 Who is the person who files for Bankruptcy Court Protection?

a. Debtor

b. Trustee

c. Judge

d. Liquidator

9 Bankruptcy is which type of law?

a. State.

b. Administrative.

c. Local.

d. Federal.