Author Question: Under the ________ exception, audits to determine tax liability, demand for the filing of tax ... (Read 43 times)

acc299 · **on:** Aug 3, 2018

Under the ________ exception, audits to determine tax liability, demand for the filing of tax returns, issuance of tax deficiency notices, and assessing taxes due and the demand for payment of said amounts may continue.

A) Business judgment exception
B) Family law exemption
C) Taxing authority exception
D) Creditor exception

Question 2

Creditors benefit from the Automatic Stay because it freezes the assets of the ________ and prevents the debtor's property from being unfairly divided among its creditors.

A) Bankruptcy assets
B) Bankruptcy estate
C) Bankruptcy trustee
D) Bankruptcy debtor