Which of the Following Is True of the Automatic Stay

question 47

Multiple Choice

Which of the following is true of the automatic stay in a bankruptcy filing?

• A) It is the most immediate and dramatic advantage of any bankruptcy filing.
• B) It instantly resolves most litigation and collection activities against the debtor.
• C) It prevents further loss of income to the business.
• D) It prevents bankruptcy court from authorizing creditors to resume collection efforts.

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Definitions:

Estrogens

A group of steroid hormones that play a major role in the regulation of the female reproductive system and the development of female secondary sex characteristics.

Follicle Stimulating Hormone

A hormone secreted by the anterior pituitary gland that promotes the formation of ova or sperm.

Granulosa Cells

Specialized cells found within the ovary that are involved in the development of the oocyte and the production of estrogen.

Theca Folliculi Cells

Cells surrounding the ovarian follicle that work together with granulosa cells to produce estrogen and other substances necessary for egg development.