On a Coordinate Graph with Y on the Vertical Axis

question 67

Multiple Choice

On a coordinate graph with y on the vertical axis and x on the horizontal axis,suppose point A represents coordinates (X = 5,Y = 6) and point B represents coordinates (X = 2,Y = 3) .Then the slope of the straight line joining points A and B is

• A)-1.
• B)2/3.
• C)5/6.
• D)1.
• E)3/2.

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Definitions:

Exempt Assets

Properties or assets that are protected by law from being seized by creditors or in bankruptcy proceedings.

Nonexempt Assets

Assets that can be seized by creditors under bankruptcy proceedings, as opposed to those protected or exempt.

Involuntary Petition

A legal process initiated by creditors requesting the bankruptcy court to declare a debtor bankrupt, typically utilized when the debtor is not paying outstanding debts.

Chapter 7

A provision of the U.S. Bankruptcy Code that involves the liquidation of a debtor's non-exempt assets to pay off creditors.