Under the Bankruptcy Code, the Means Test Is Used to

question 56

Multiple Choice

Under the Bankruptcy Code, the means test is used to

• A)keep higher-income people from abusing the bankruptcy process.
• B)force more people to file for Chapter 7 bankruptcy.
• C)determine the validity of a statement or claim by any party in interest.
• D)prioritize the claims of the creditors in an involuntary proceeding.

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Definitions:

Lithium

A chemical element used in the treatment of mood disorders, including bipolar disorder.

Bipolar Disorder

A psychological disorder identified by significant fluctuations in mood, ranging from manic or hypomanic episodes to depressive states.

Tardive Dyskinesia

A neurological disorder characterized by involuntary, repetitive body movements, often as a side effect of long-term use of certain psychiatric medications.

Ketamine

An anesthetic drug also used for its antidepressant properties, particularly in treatment-resistant cases of depression.