Pre-Judgment Attachment Permits a Creditor to Seize the Debtor's Property

question 82

Multiple Choice

Pre-judgment attachment permits a creditor to seize the debtor's property when the defendant:

• A) cannot be served with a summons personally.
• B) has not paid his debts on time.
• C) has filed for bankruptcy.
• D) was found guilty of usury.

---

Definitions:

Depreciation Expense

The methodical distribution of a physical asset's cost throughout its lifespan, accounting for depreciation or becoming outdated.

Operating Cash Flow

The cash generated from the normal operating activities of a business, reflecting its ability to generate sufficient cash to fund its operations.

Variable Cost

Expenditures that fluctuate based on the volume of goods or services provided by a business.

Cash Break-Even

The point at which a company's cash inflows match its cash outflows, indicating no net gain or loss.