The primary contract in a guarantee situation is between the debtor and the creditor

Indicate whether the statement is true or false

TRUE

Business

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A creditor's action of perfecting liens against a debtor's property cannot be stayed

Indicate whether the statement is true or false

Business

Kurt, a computer sales representative, ran a small restaurant business from his home to supplement his income. He converted his large living room into an eatery with minimal seating

His mother and brother managed the kitchen, while he coordinated orders and waited upon customers. Upon realizing that Kurt was running a restaurant, the landlord evicted Kurt and his family. In the scenario, we can infer that ________. A) Kurt received the rented property in conditions that were uninhabitable B) Kurt was evicted for using the rented property for illegal or nonstipulated purposes C) Kurt failed to comply with the building codes of the area in which he lived D) Kurt failed to claim his freehold estate on the rented property within the stipulated period

Business