Shawn files for bankruptcy.However,he does not mention his farmhouse in Farmington in the bankruptcy proceedings.The farmhouse is later discovered by the mortgage firm and included in the proceedings.Which of the following is true in this case?
A) Shawn is guilty of the offense of concealment.
B) Shawn can use the discovery of the estate as a defense to his concealment.
C) Shawn is guilty of larceny as he did not reveal his estate during bankruptcy proceedings.
D) Shawn can be found guilty of counterfeiting.
E) Shawn is likely to be found not guilty since the estate was recovered and included in the proceedings.
Correct Answer:
Verified
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