Debts that were or could have been listed in a previous bankruptcy in which a debtor waived or was denied a discharge can be discharged under Chapter 7 of the Bankruptcy Code

ROC Engineering, a Chinese shipbuilding company, agrees to build a fleet of submarines for the Sri Lankan navy, for which it will be paid in the local Sri Lankan currency

As per the agreement, ROC must also spend a substantial amount of the money it generates through this deal within the country. In accordance with the contract, ROC buys Sri Lankan tea at a reduced rate. This is an example of which of the following forms of countertrade? A) descending bid B) offset C) barter D) compensation deal E) buyback arrangement

Eric, Becky, and Brenda are all licensed medical doctors who form a professional corporation, Dr

Inc., to practice medicine. They are the only shareholders. Eric negligently operates on a patient, George, seriously injuring him. George sues Dr. Inc., Eric, Becky, and Brenda for malpractice. Assuming that the general rules of corporate liability apply, from whom may George recover? A) Eric only B) Nobody C) Dr. Inc. only D) Either Eric or Dr. Inc. E) Either Eric, Dr. Inc., Becky, or Brenda