Bankruptcy

Bankruptcy

12th Grade

15 Qs

quiz-placeholder

Similar activities

MUTC QUIZ! UK Politics....

MUTC QUIZ! UK Politics....

9th - 12th Grade

15 Qs

MYTHBUSTERS

MYTHBUSTERS

University

13 Qs

Economics QUIZ

Economics QUIZ

11th Grade - University

10 Qs

Applied Economics Quiz

Applied Economics Quiz

12th Grade

20 Qs

Quiz Berhadiah SCIL Legal Career Talkshow 2024

Quiz Berhadiah SCIL Legal Career Talkshow 2024

University

10 Qs

SRSR / HPB

SRSR / HPB

University

15 Qs

Racionalismus, empirismus

Racionalismus, empirismus

9th - 12th Grade

20 Qs

Relations between the branches Part 1

Relations between the branches Part 1

11th - 12th Grade

12 Qs

Bankruptcy

Bankruptcy

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Hard

Created by

John Robinson

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

What were 3 main short-term causes of the French Revolution

Bankruptcy, Great Fear and Estates-General

Bankruptcy, Franco-Prussian War, Great Fear

Louisiana Purchase, Estates-General, Franco-Prussian War.

Great Fear, Peninsular War, Bankruptcy.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

a legal proceeding for distributing to creditors the assets of those unable to pay their debts

bankruptcy

direct tax

eminent domain

indirect tax

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

For what purpose does the Constitution give Congress the power to regulate bankruptcy?

to finance projects that current revenues cannot cover

to coin money and regulate its value

to act on matters affecting the nation's security

to establish uniform procedures for dealing with insolvent debtors

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which chapter of bankruptcy is for people with little-to-no income and requires them to sell (liquidate) their assets to pay creditors with?

Chapter 7

Chapter 11

Chapter 13

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which chapter of bankruptcy is for people who have enough income to pay their creditors through a payment plan?

Chapter 7

Chapter 11

Chapter 13

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A legal proceeding carried out to allow individuals or businesses freedom from their debts, while simultaneously providing creditors an opportunity for repayment

Foreclosure

Bankruptcy

Credit Report

Default

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the primary purpose of bankruptcy laws in a society?

To punish those who cannot pay their debts

To provide a fresh start for debtors and fair distribution to creditors

To increase government revenue through fines

To encourage people to take more loans

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?