In a bankruptcy proceeding, creditors must file, within 90 days after the first meeting of creditors, a(n) ___ , which is a written, signed statement setting forth a creditor's claim against a debtor and the basis for it.
a. preference
b. exemption
c. proof of claim
d. wag earner's plan
Answer: c. proof of claim
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___ is a deduction from the rent owed for the diminishment in value of the premises caused by the lack of maintenance.
Fill in the blank(s) with the appropriate word(s).
?Buyer pays a $10,000 down payment to Seller for the purchase of Blackacre. At closing, Buyer tenders the balance of the purchase to Seller but Seller refuses to convey Blackacre because the contract to sell was not in writing.
A. ?Buyer has just lost $10,000. B. ?Buyer can place the balance of the purchase price into escrow and successfully sue Seller for breach of contract and receive specific performance. C. ?Buyer can sue Seller for breach of contract and recover $10,000. D. ?Buyer can sue Seller in a restitution cause of action and recover the $10,000.
Removing information from a document is called:
a. labeling b. reviewing c. bates stamping d. redacting
An applicant for a patent may disclose his or her invention and still file an application for it if the application is filed within ______ of the disclosure. This period is called the ______.
Fill in the blank(s) with the appropriate word(s).