Dave Owes $100,000 to Cindy and $100,000 to Connie

question 65

Essay

Dave owes $100,000 to Cindy and $100,000 to Connie.Both before and after Dave went into bankruptcy under Chapter 7,he engaged in faking records,withholding information,and concealing assets in order to avoid Cindy's debt.However,Dave did not behave this way with regard to Connie's debt.Because Dave had few assets and Connie's debt was unsecured,she got virtually nothing out of Dave's bankruptcy.The same is true regarding Cindy.Sometime later,therefore,Cindy and Connie sued Dave on the debt,once Dave becomes rich.Dave defends by saying that both debts are discharged.Is Dave right? Assume that each debt is a normal contract obligation.

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Definitions:

Genes

Units of DNA that are responsible for determining the characteristics and traits that are inherited from parents to offspring.

Chromosome

A structure within the cell nucleus made up of DNA and proteins that contains the genetic material of an organism.

Alleles

Variants of a gene that occur at the same place on a chromosome, contributing to the diversity of genetically influenced traits.

Gametes

Reproductive cells (sperm in males and ova in females) that unite during sexual reproduction to form a new organism.