Which Statement Is True Regarding the Type of Law That

Multiple Choice

Which statement is true regarding the type of law that is relevant to bankruptcy claims?

A) Only federal statutory law is relevant.
B) Only federal common law is relevant to bankruptcy claims.
C) Only state statutory law is relevant.
D) While bankruptcy law is state law,federal law applies to bankruptcy cases in the sense that federal laws regarding debtor's property and creditor claims may apply.
E) While bankruptcy law is federal law,state law applies to bankruptcy cases in the sense that state laws regarding debtor's property and creditor claims may apply.