Stan Commits Securities Fraud and Takes $5,000,000 from a Variety

question 13

Multiple Choice

Stan commits securities fraud and takes $5,000,000 from a variety of investors.Stan is convicted of a crime and then sued by the investors.Stan files for bankruptcy.What relief will the bankruptcy filing grant Stan?

• A)Automatic stay on all cash advances paid to a creditor under an open-ended credit plan
• B)Automatic stay and discharge of any debt created with the securities fraud
• C)Automatic stay,but no discharge of any debt created by the securities fraud
• D)Automatic stay and discharge of all debts incurred

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Definitions:

Transgender Group

A community or collective of individuals whose gender identity differs from the sex they were assigned at birth.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond to their sex assigned at birth.

Sexual Double Standard

The societal norm that encourages or permits sexual behaviors in one gender but discourages or forbids them in another.

Dating

The social activity involving two or more people generally assessing each other's suitability as a partner in an intimate relationship or as a spouse.