Which of the Following Describes the Result of a Chapter

question 40

Multiple Choice

Which of the following describes the result of a Chapter 7 filing?

• A)"a complete liquidation or shutting down of the business"
• B)"courts give debtor time to reorganize"
• C)"2 years probation and/or up to 300 hours community service"
• D)"Debtors make regular payments for a number of years"

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Definitions:

Completely

An adverb indicating something has been done in a whole, full, or total manner, without omission.

Abram Maslow

A psychologist famous for formulating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Hierarchy of Needs

A psychological theory proposed by Abraham Maslow that categorizes human needs into five sequential levels from basic physical requirements to the need for self-actualization.

Clinical Research

A branch of healthcare science that determines the safety and effectiveness of medications, devices, diagnostic products, and treatment regimens intended for human use.