Author Question: The pro rata formula for distributing funds that are not sufficient to cover all liens means that ... (Read 39 times)

Engineer

  • Hero Member
  • *****
  • Posts: 527
The pro rata formula for distributing funds that are not sufficient to cover all liens means that the amount is distributed equally among the lien holders.
  Indicate whether the statement is true or false

Question 2

A debtor may recover damages against any creditor who filed an involuntary bankruptcy petition against the debtor in bad faith.
  Indicate whether the statement is true or false



skipfourms123

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

FALSE

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

For a complete list of videos, visit our video library