Bankruptcy results in a discharge of contractual obligations by __________.
A) default
B) equity
C) operation of law
D) oath or affirmation

Name: Bankruptcy results in a discharge of contractual obligations by __________. A) default B) equity C) operation of law D) oath or affirmation
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Bankruptcy results in a discharge of contractual obligations by operation of law. This means that the discharge is automatic and occurs without the need for any additional legal action or agreement between the parties.

Bankruptcy Results in a Discharge of Contractual Obligations by __________