Question: Question 1 With a mechanic's lien, real estate becomes security for a debt. Question 1 options: A) True B) False Question 2 If a business
Question 1
With a mechanic's lien, real estate becomes security for a debt.
Question 1 options:
| A) True | |
| B) False |
Question 2
If a business purchases two laptop computers for use in the office, the computers would be considered consumer goods.
Question 2 options:
| A) True | |
| B) False |
Question 3
Darius agreed to be a surety on a loan made to Gary by First Florida Bank. If Gary defaults on the loan, the bank must first try to collect the debt from Gary.
Question 3 options:
| A) True | |
| B) False |
Question 4
Chapter 13 bankruptcy is available to:
Question 4 options:
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Question 5
Which chapter in bankruptcy requires debtors to sell their assets to satisfy the debts owed?
Question 5 options:
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