In a Chapter 11 bankruptcy action, the court may confirm a reorganization plan even if only one class of creditors has accepted the plan. This is known as the Code's _____ provision.
A. cram-downÂ
B. court confirmation
C. court authority
D. forced plan
Answer: A
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In contrast to small law firms, large law firms:
a. Are more formal b. Offer lower salaries c. Offer few benefits d. Tend to provide free parking
For the last three years, Timothy has painted Harriet's barn free of charge. This year, Harriet tells Tim, "I have season tickets to the opera. In exchange for you painting my barn all these years, I'm going to give them to you." Is there a binding contract?
What will be an ideal response?
Members of a jury must stand indifferent.
a. true b. false
Using the dollar amounts as of April, 1, 2010, the debtor's aggregate debts to be a family fisherman must not exceed ____.
A. $500,000 B. $1,000,000 C. $1,500,000 D. $1,757,475 E. $2,000,000