According to 11 U.S.C § 101(41), any person—an individual; partnership; corporation or other form of business entity that resides or has a domicile, place of business, or property in the United States; or municipality—may file for Chapter 7 liquidation bankruptcy
Indicate whether the statement is true or false
TRUE
You might also like to view...
One-fifth of all paralegals work for:
a. Law firms b. Corporations c. The government d. Family businesses
Which of the following is an Internet browser that you might use when conducting online legal research?
a. Internet Explorer b. Chrome c. Safari d. All of these choices are correct
Parents are allowed to attend a hearing before the court to hear the allegations brought by the agency and determine temporary custody. The parents have a right to counsel, and so does the child removed from their home. The child's appointed counsel is known as:
a. A public defender. b. A guardian ad litem c. A prosecutor. d. A domestic relations attorney.
Which of the following are ways to challenge or attack a legal position or argument based on a statute?
A. The elements of the statute are not met B. The key facts of the client's case and the facts required by the statute are not sufficiently similar C. The statute is not sufficiently broad to allow an interpretation other than the one relied on D. The case relied on to interpret the statute is on point E. All of the above F. a, b, and c G. b and d