Author Question: The bankruptcy code is broken down into two different genres of chapters, what are they and describe ... (Read 68 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
The bankruptcy code is broken down into two different genres of chapters, what are they and describe each chapter's function.
 
  What will be an ideal response?

Question 2

What is a straw party? Why would a developer use a straw party as part of the development process?
 
  What will be an ideal response?



guyanai

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

Student should identify the operative and universal chapters and give a general description of universal chapters 1, 3, and 5 as well as identify the operative chapters 7, 9, 11, 12, 13, and 15, and describe the type of filing each operative chapter refers to.

Answer to Question 2

A straw party is someone who stands in the shoes of the developer to purchase and take title to the realty. The straw party keeps the identity of the developer confidential. A straw party is used in order to prevent landowners from inflating the price of their land if they think a developer is snatching up the land. A straw party may also be used when there is negative community sentiment toward the developer and/or the development.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

For a complete list of videos, visit our video library