Although honest mistakes may be overcome with corrections and explanations, criminal acts such as ________ will be prosecuted.
A) Misrepresentation and fraud
B) Concealment of assets and fraud
C) Malingering and opportunistic fraud
D) Extortion and embezzlement
Q. 2A law that makes someone criminally liable for an act that was not criminal at the time it was committed is called a(n):
A) Ex post facto law.
B) Bill of Attainder.
C) Act of Sedition.
D) Habeas Corpus.
Q. 3While you are conducting an intake with a new client, he confides in you that just before coming to your office, he transferred approximately 4,000 from a savings account into his mother's name. He did this because a friend advised him that he can get that money back after his debts are wiped out from the bankruptcy. The client did not feel he did anything wrong. How would you handle this situation?
What will be an ideal response?
Q. 4Explain the right and the process by which a creditor can bring an action against a debtor to declare certain debts nondischargeable.
What will be an ideal response?
Q. 5What document governed the United States prior to the ratification of the U.S. Constitution?
A) Articles of Confederation
B) U.S. Code
C) Declaration of Independence
D) Contract with America
Q. 6Each of the following contributed to the need for drafting a new Constitution in 1787 EXCEPT:
A) Shays Rebellion.
B) Fear of foreign invasion.
C) State competition over taxes.
D) U.S. government too strong.
Q. 7If the debtor purposely conceals, destroys, or hinders any information pertaining to his or her assets, it could result in a(n) ________.
Fill in the blank(s) with correct word
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