Multiple Choice
What is an executory contract?
A) a contract that cannot be discharged under Chapter 13
B) a contract that the debtor is obliged to perform despite filing for bankruptcy
C) an agreement between several creditors and a single debtor, dividing the debtor's property
D) a contract that has not been fully performed
Correct Answer:

Verified
Correct Answer:
Verified
Q70: The bankruptcy courts are part of the
Q71: An automatic stay refers to the suspension
Q72: If the value of the secured interest
Q73: There are separate state and federal bankruptcy
Q74: A bankruptcy trustee is a legal representative
Q76: Which of the following does a Chapter
Q77: What is liquidation? How does the Bankruptcy
Q78: Which of the following is true of
Q79: Which of the following would be part
Q80: If a person's debts are subject to