An offer is the right but not the obligation to buy or sell foreign currency

When Dudley files his Chapter 7 petition, he lists the following debts:

a. $25,000 in back child support and alimony. b. $15,000 for liabilities incurred after drinking and driving. c. $10,000 for past-due student loans. d. $5,000 for past-due rent to his landlord. e. $550 for a past-due phone bill. How will each of these debts be treated by the bankruptcy court.

The Revised Act permits the board of directors to adopt certain amendments without shareholder action, unless the articles of incorporation provide otherwise. These amendments would include:

a. extending the duration of a corporation if it was incorporated when limited duration was required by law. b. changing each issued and unissued authorized share of an outstanding class into a greater number of whole shares if the corporation has only one class of shares. c. making minor name changes. d. All of these.