For How Many Days Prior to the Filing of a Chapter

question 78

Multiple Choice

For how many days prior to the filing of a Chapter 7 bankruptcy petition is a debtor assumed insolvent?

• A) 120
• B) 60
• C) 90
• D) 45
• E) 30

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Definitions:

Combine

To merge or unite two or more items or quantities to form a single entity.

Simplify

The process of altering an expression to make it easier to understand or solve by combining like terms or using properties of operations.

Complex Fraction

A fraction where the numerator, the denominator, or both contain a fraction.

Simplify

The process of making an equation, expression, or problem easier to handle by reducing its complexity while maintaining its equivalence.