Author Question: The bankruptcy code is broken down into two different genres of chapters, what are they and describe ... (Read 59 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?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Cyanide works by making the human body unable to use oxygen.

For a complete list of videos, visit our video library