Which of the Following Statements Concerning Reaffirmation Agreements Is True

question 21

Multiple Choice

Which of the following statements concerning reaffirmation agreements is true?

• A) Reaffirmation agreements are unlawful under the Bankruptcy Act.
• B) Reaffirmation agreements must be made before a discharge in bankruptcy is granted.
• C) A debtor cannot voluntarily pay any dischargeable obligation without entering into a reaffirmation agreement.
• D) Reaffirmation agreements cannot be rescinded prior to discharge or within 60 days after filing with the court.

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Definitions:

Walter Cannon

An American physiologist known for his work on the fight or flight response and for coining the term "homeostasis."

Stomach Contractions

The involuntary movements of the stomach muscles that mix and propel contents through the digestive system.

Ghrelin

A hormone produced mainly by the stomach that stimulates appetite and signals hunger to the brain.

Ghrelin

A hormone produced in the stomach that stimulates appetite, promoting the feeling of hunger before meals.