Chapter 11 bankruptcy provides for which of the following?
A. Adjustment of debts of a municipality
B. Reorganization of a corporation
C. Liquidation proceedings
D. Adjustment of farmers' debts
Answer: B
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Rules on how a criminal case should be filed are part of
A. substantive criminal law B. procedural criminal law C. nullum crimen D. common law
Phil and Don are playing golf, when Phil offers to sell his house to Don. Don has always liked Phil's house and even told Phil he would be interested in buying it should Phil ever decide to sell. Don accepts Phil's offer to purchase the house for $200,000 . The sale is to take place in two weeks. When the two meet two weeks later, Phil revokes his offer and refuses to convey the property to Don
Most likely: A. Don may enforce the contract through an action for specific performance B. Phil may revoke his offer at any time prior to the date of conveyance C. Don may enforce the contract because all of the elements of a valid contract are present; offer acceptance, consideration, capacity, and legality D. The contract is not enforceable
Patents are valid for the following number of years:
a. 10. b. 15. c. 17. d. 20.
In determining how far a deponent can be required to travel to a deposition, Rule ___ of the Federal Rules of Court Procedures must be consulted.
a. 12 b. 26 c. 45 d. 97