Roy,the Owner of Standard Business Company (SBC),sells SBC to Tim

question 27

Multiple Choice

Roy,the owner of Standard Business Company (SBC) ,sells SBC to Tim for a note payable to Roy for $100,000.Tim does not pay the note and files for bankruptcy underChapter 7.The debt represented by the note is 

• A) ​dischargeable if $100,000 now seems to be a high price for SBC. 
• B) ​dischargeable under any circumstances. 
• C) ​not dischargeable if Tim concealed assets to defraud Roy. 
• D) ​not dischargeable under any circumstances.

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Definitions:

Tropical Animals

Species adapted to survive in the tropical climate zones, which are characterized by high temperatures and significant rainfall.

Predators

Organisms that hunt and kill other organisms for food.

Rodents

Mammals of the order Rodentia, characterized by a single pair of continuously growing incisors in each of the upper and lower jaws.

Medical Harm

Adverse effects or complications that occur as a result of medical treatment or intervention, ranging from minor to severe, and can include medication errors, surgical mistakes, and misdiagnoses.