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Leif Files a Petition in Bankruptcy

Question 27

Multiple Choice

Leif files a petition in bankruptcy. Among his debts are un?paid taxes, fines owed to the government, student loans owed to Metro University, and support owed to his ex-wife Nadia. Most likely to be dis?charged are


A) back taxes accrued within the previous three years.
B) fines outstanding less than eight years.
C) student loans whose payment would impose undue hardship.
D) spousal-support debts unpaid for more than eighteen months.

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