Under Chapter 7 and Chapter 11

question 39

Multiple Choice

Under Chapter 7 and Chapter 11

• A)all of the choices.
• B)petitions can be filed voluntarily or involuntarily.
• C)the same principles govern the entry of the order for relief.
• D)the automatic stay provision applies.

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Definitions:

Streamlining Work

Making work processes more efficient and effective by removing unnecessary steps or components.

Work Process

A series of tasks or operations conducted to achieve a specific outcome in a business or professional environment.

Bits of Time

Small, often overlooked intervals of time that, when effectively utilized, can significantly contribute to productivity.

Constructive Form

Describes an approach or method that aims to build up, improve, or positively develop structures, ideas, or behaviors.