Flanders Fraud set up a corporation named the Fraud Foundation, Inc. to operate a ponzi scheme. Under the scheme, Flanders would promise extremely high returns in order to persuade investors to invest their life savings with the Fraud Foundation. In order to keep the scheme going, the Fraud Foundation would use the money from later investors to pay off the earlier investors. Ultimately the scheme collapsed and the defrauded investors filed separate class actions against both Flanders and the Fraud Foundation in state court. The Fraud Foundation suit has not yet been set for trial. The suit against Flanders did go to trial and the jury found that Flanders had engaged in fraud and awarded damages against him and in favor of the investor plaintiffs. Last week, one of the investor-plaintiffs garnished Flanders’s bank account. Both Flanders and the Fraud Foundation immediately filed petitions under Chapter 7 of the Bankruptcy Code. In the Fraud Foundation Chapter 7 case, the claims of the investors:
Which type of debt is generally dischargeable under a Chapte…
Which type of debt is generally dischargeable under a Chapter 13 but not a Chapter 7?
Jamie and Claire Fraser file a joint petition for relief und…
Jamie and Claire Fraser file a joint petition for relief under Chapter 7 of the Bankruptcy Code on April 1, 2017. On the day the petition is filed, which of the following is property of the Frasers’ estate:
Part of adolescent egocentrism that involves an adolescent’s…
Part of adolescent egocentrism that involves an adolescent’s sense of uniqueness.
___________ involves adolescent’s belief that others, are as…
___________ involves adolescent’s belief that others, are as interested in them as they are themselves.
Beethoven came to Vienna to study with the renown composer
Beethoven came to Vienna to study with the renown composer
The first public opera house opened in Venice, Italy in the…
The first public opera house opened in Venice, Italy in the year:
Select either the Methyl Red OR the Vouges-Proskauer test th…
Select either the Methyl Red OR the Vouges-Proskauer test then answer the following questions about that test only: a) what does this test tell you about bacterial metabolism? b) what reagents are used in this test? (just list them, do not give a step by step procedure). c) name one bacterium (full name) that gives a positive result for the test that you are describing.
Here is a list of key organisms used in labs covered in this…
Here is a list of key organisms used in labs covered in this quiz Bacillus cereus, Bacillus subtilis, Enterobacter aerogenes, Escherichia coli, Lactobacillus bulgaricus , Micrococcus luteus, Neissieria gonorrhoea, Proteus mirabilis, Proteus vulgaris, Pseudomonas aeruginosa, Salmonella typhimurium, Serratia marcescens, Staphylococcus epidermidis, Staphylococcus aureus, Streptococcus faecalis, Streptococcus lactis, Streptococcus salivarius, Streptococcus thermophilus
In organisms that produce indole as a result of tryptophan m…
In organisms that produce indole as a result of tryptophan metabolism, why is indole only produced when there is no glucose present? What is this process called?