Kathleen filed for voluntary bankruptcy and the automatic stay went into effect. The automatic stay

a. acts to automatically discharge Kathleen's debts.
b. prohibits creditors from collecting debts against Kathleen that arose before she filed bankruptcy.
c. stops only secured creditors from taking any act to collect, assess, or recover a claim against Kathleen that arose before she filed bankruptcy.
d. stops creditors from trying to collect from Kathleen, but it does not stop them from filing lawsuits against her.


b

Business

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Answer the following statement true (T) or false (F)

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A company had net cash flows from operations of $120,000, cash flows from financing of $330,000, total cash flows of $500,000, and average total assets of $2,500,000. The cash flow on total assets ratio equals:

A. 5.0%. B. 4.8%. C. 20.8%. D. 20.0%. E. 24.0%.

Business

Discuss the various estates in land

What will be an ideal response?

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