A Bankrupt Who Fraudulently Conceals Property with the Intent to Defraud

question 4

True/False

A bankrupt who fraudulently conceals property with the intent to defraud creditors may be imprisoned for up to three years.

---

Definitions:

Physical Injury

Harm or damage inflicted upon a person's body.

Contract

A contractual accord enforceable by law, specifying duties and entitlements among two or more involved entities.

Tort Law

A body of law that addresses and provides remedies for civil wrongs not arising out of contractual obligations.

Perilous Situations

Circumstances that present significant risk or danger to safety or well-being.