A Chapter 12 case may be dismissed for failure to pay a domestic support obligation that came due before the filing of the petition.
Answer the following statement true (T) or false (F)
False
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Seller contracted to sell Buyer's compressed natural gas requirements for one year. At the time of contracting, Buyer's country was embroiled in a civil war. Seller did not begin deliveries due to the escalation of the hostilities. Buyer sued Seller for breach of contract. Seller can successfully assert "no breach, excuse" due to commercial impracticability.
Answer the following statement true (T) or false (F)
Which of the following is not an example of a debt created by contract?
A. Julie obtains a credit card and uses it to purchase items each month. B. Julie borrows money from the bank to go to school. C. Julie is assessed back taxes on her federal income tax return for last year. D. Julie loans her car to her friend Barb for a week at $20 a day.
Which of the following is NOT a paid subscription site in direct competition to WestlawNext and Lexis Advance?
A) Bloomberg Law B) Versus Law C) Cornell University's Legal Information Institute D) Fast Case
Claims are categorized in order of ________ according to the Bankruptcy Code
A) Importance B) Priority C) Rank D) Pedigree