An individual may not be granted a discharge if the individual ________.
A. works for a corporation
B. has obtained a loan from a secured creditor
C. has obtained one within the previous eight years
D. submits to the questioning of the creditors
Answer: C
You might also like to view...
Using financial leverage is a good financial strategy from the viewpoint of stockholders of companies having:
a. a high debt ratio. b. cyclical highs and lows. c. steady or rising profits. d. a steadily declining current ratio. e. none of the answers are correct.
For every unit that a company produces and sells above the breakeven point, its profitability is improved (ignoring taxes) by the unit's
a. gross margin. b. selling price minus fixed cost. c. variable cost. d. contribution margin.
Obtaining title to property through deception or trickery constitutes the crime of ________.
A. criminal fraud B. embezzlement C. conspiracy D. racketeering
Which of the following illustrates Emerson's observation that "to be understood is a rare luxury"?
A) The phrase "public safety" is clearly understood, because everyone knows the meaning of both words. B) The phrase "public safety" is rarely used, because the concept of security is an ethical norm. C) The phrase "public safety" represents an ethical norm that is a rare luxury, because the public rarely feels safe. D) The phrase "public safety" seems clear at first glance, but on pondering its various interpretations, one realizes that it is not so clear.