The Suspension of Certain Legal Actions by Creditors Against a Debtor

question 3

Multiple Choice

The suspension of certain legal actions by creditors against a debtor or the debtor's property is known as a(n) ________.

• A) discharge of debt
• B) composition
• C) automatic stay
• D) order for relief

---

Definitions:

Labor Earnings

Income received by workers for their labor or services, typically measured in terms of wages, salaries, or commissions.

Negative Income Tax

A system of social welfare that provides income to individuals or families below a certain income level, effectively supplementing their income.

Medicaid

A government-sponsored insurance program in the United States providing health care coverage to low-income individuals and families.

Libertarians

Individuals who advocate for minimal government intervention in personal and economic affairs, emphasizing individual liberty and free markets.