Which of the Following Is False Regarding Chapter 12 of the Bankruptcy

question 3

Multiple Choice

Which of the following is false regarding Chapter 12 of the bankruptcy code?

• A) A family farmer under Chapter 12 must have regular annual income.
• B) The family farmer's gross income must be at least 50 percent farm-dependent.
• C) At least 50 percent of the family farmer's debt must be farm-related.
• D) The debt must be under a certain debt cap.
• E) Congress modeled Chapter 12 after Chapter 7 relief.

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Definitions:

Expression

The process of making one's thoughts, feelings, or ideas known through speech, writing, or other forms of communication.

Prenatal Malnutrition

Insufficient nutrient intake or absorption by the mother during pregnancy, adversely affecting fetal development.

Lifespan

The total length of time that an organism is expected to live or the study of the developmental processes that occur throughout an individual's life.

Birth

The process of coming into life or entering the world, typically referring to the moment when a baby is born.