Questions from Business Law


Q: In evaluating a debtor’s petition, what factors should be part of

In evaluating a debtor’s petition, what factors should be part of a good faith analysis? Should consideration of the calculation of disposable income play a role? Why or why not?

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Q: Who is eligible for relief under Chapter 13?

Who is eligible for relief under Chapter 13?

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Q: Can a Chapter 13 proceeding be initiated by involuntary petition?

Can a Chapter 13 proceeding be initiated by involuntary petition?

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Q: What are three ways in which performance of a contract may become

What are three ways in which performance of a contract may become impossible in an objective sense?

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Q: Do the automatic stay rules apply in Chapter 13 cases?

Do the automatic stay rules apply in Chapter 13 cases?

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Q: What is insurance?

What is insurance?

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Q: Discuss the concept of risk pooling.

Discuss the concept of risk pooling.

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Q: Can anyone claim to have an insurable interest in a particular person

Can anyone claim to have an insurable interest in a particular person or property?

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Q: Who may be insured by a key-person insurance policy?

Who may be insured by a key-person insurance policy?

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Q: How is the effective date of an insurance policy usually determined?

How is the effective date of an insurance policy usually determined?

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