A Voluntary Action the Debtor Can Make to Pay Debts

question 26

True/False

A voluntary action the debtor can make to pay debts is to transfer, or assign title of his or her property to a trustee or assignee who sells the property to pay creditors.

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Definitions:

Culturally Diverse

Pertaining to or characterized by the inclusion of people from a variety of cultural, ethnic, and racial backgrounds.

Hispanics/Latinos

A diverse group of people in the United States with cultural, linguistic, and historical ties to Spain and Latin American countries.

Intrapreneurship

Refers to the practice of fostering entrepreneurial behavior within an existing organization, allowing employees to pursue innovative ideas or projects with the potential to generate new revenue or improve efficiency.

Innovation

The process of creating new ideas, products, or methods, often leading to improvements or contributing to significant changes in society.