An option is an option contract and requires an offer and an acceptance.?
Answer the following statement true (T) or false (F)
True
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A ________ creditor is an unsecured creditor whose claims take precedence over the claims of other creditors
A) Priority B) Secondary C) Non-Priority D) None of the above
A young boy aged five years finds his father's loaded gun on his parents' nightstand and he puts the gun in his kindergarten backpack. During recess, he shows his best friend the gun and pulls the trigger. The bullet misses his friend, but kills a custodian who was emptying a trashcan on the playground. Can the boy be charged with a crime?
What will be an ideal response?
The debtor's nonexempt property is ________ by the trustee, who sells it and pays the administration expenses associated with the bankruptcy case
A) Transferred B) Given away C) Donated to charity D) Liquidated E) None of these
?Which of the following isnotan example of a binding authority?
A. ?Constitutions B. ?Statutes C. ?Regulations D. ?None of these choices is correct.