Gerald Files a Bankruptcy Petition

question 54

Multiple Choice

Gerald files a bankruptcy petition.The resulting automatic stay will apply to Gerald's

• A)alimony debts.
• B)child-support debts.
• C)spousal maintenance debts.
• D)car payment debts.

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Definitions:

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or standards.

Conforming Goods

Goods that conform to contract specifications.

Contract Specifications

Detailed terms and conditions outlined in a contract that specify the requirements of the agreement.

Good Faith

A fundamental principle in contracts requiring parties to deal with each other honestly and without ulterior motives.