Author Question: A general creditor usually collects nothing in the event the debtor defaults on the debt and is ... (Read 93 times)

sam.t96 · **on:** Jun 24, 2018

A general creditor usually collects nothing in the event the debtor defaults on the debt and is insolvent.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In American Trucking Association v. Environmental Protection Agency, where the American Trucking Association challenged the EPA's approval of California's regulation of engines that run transportation refrigeration units, the Court of Appeals held that:
a. other states are not precluded from declining to follow California's lead b. other states are precluded from declining to follow California's lead
c. other states are not precluded from declining to follow California's lead, but it will be very difficult for them not to
d. all other states should follow California's lead
e. the economic impact of all other states following California's lead would be disastrous