Which of the Following Is False Regarding Provisions of the Bankruptcy

question 39

Multiple Choice

Which of the following is false regarding provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005?

• A) Under the act, an individual may not generally be considered a debtor unless within 180 days prior to filing, the debtor receives credit counseling from a nonprofit budget and credit counseling agency.
• B) Under the act, if an individual was a debtor in a bankruptcy case that was dismissed within 180 days of the current case, the individual is generally not eligible to be a debtor under Chapters 7, 11, or 13.
• C) Under the act, if a previous bankruptcy was completed rather than dismissed, the individual is generally permitted to file for bankruptcy again.
• D) Under the act, if a party completes a Chapter 7 bankruptcy, the party is not permitted to seek a Chapter 7 bankruptcy again for eight years.
• E) Under the act, if a party completes a Chapter 7 bankruptcy, the party is not permitted to seek a Chapter 7 bankruptcy again for 180 days.

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Definitions:

Population Variances

A measure of the variance within the entire population, representing how data points in a population are spread out.

Confidence Interval Estimate

A span of numerical outcomes extracted from sampled observations that is expected to hold the accurate population statistic within a given confidence degree.

Population Proportions

The fraction or percentage of the total population that is characterized by a particular attribute or characteristic.

Antioxidants

Substances that can prevent or slow damage to cells caused by free radicals, often found in foods and believed to be beneficial for health.