Which One of the Following Is False with Regard to Creditors

question 42

Multiple Choice

Which one of the following is false with regard to creditors' remedies?

• A) A garnisheeing order is an order to the sheriff to seize assets of a judgment creditor to satisfy a judgment debt.
• B) A person who wins in an action and is awarded damages is called a "judgment creditor."
• C) A guarantor is a person who agrees to be responsible for a debt if the borrower (the person primarily liable) defaults.
• D) A debenture can create a "floating charge" that will not attach to anything specifically until the debtor defaults or until the happening of another "crystallizing" event.
• E) A guarantor may avoid liability if the creditor does some act or enters into an agreement that weakens the guarantor's position.

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Definitions:

Burnout

Burnout is a state of emotional, physical, and mental exhaustion caused by excessive and prolonged stress, particularly in the workplace.

Underinvolvement

A situation or condition where individuals or groups contribute less than what is required or expected, leading to potential negative outcomes.

Pathological

Pertaining to or caused by disease; describing conditions that are abnormal or dysfunctional.

Compassion Fatigue

Emotional distress or apathy resulting from the constant demands of caring for others, often experienced by professionals in caregiving roles.