Nonpriority unsecured claims have no collateral securing the creditor's interest

Indicate whether the statement is true or false


TRUE

Legal Studies & Paralegal

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CERCLA is the acronym for a federal statute regulating defamation by computer. 

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

Legal Studies & Paralegal

Your employer will tell you how to grow your career

A. True B. False

Legal Studies & Paralegal

Megan agrees to provide landscaping services for Mrs. Potter for $3,500. Megan expects that she will spend $1,500 on plants, mulch, and other items she needs to complete the landscaping. The day before she is supposed to begin, she buys $500 worth of plants and mulch. She is then notified by Mrs. Potter that she no longer wants the landscaping done, and will not pay for it. If Megan sues for

breach of contract, what is she entitled to? Use the formula for calculating compensatory damages from Restatement (Second) of Contracts §347. What will be an ideal response?

Legal Studies & Paralegal

Which of the following is not true about foreclosures?

A. Acceleration clauses violate public policy B. Mortgagors have a right of redemption to recover the property after default C. If the proceeds of the sale of the property in a judicial sale are not sufficient to pay the mortgage debt, the mortgagee may seek to obtain a deficiency judgment against the mortgagor D. The fact that a mortgagor is in default does not always mean the mortgage will be foreclosed

Legal Studies & Paralegal