Mr.Martin,who has been declared bankrupt,decided to rent an apartment for $1,600 per month,since his house is to be sold to satisfy his creditors.
-Assuming this is a contract for necessaries,Mr.Martin must tell the landlord that he is a bankrupt or he cannot make the contract.

Question

Quizplus · Accepted Answer

A bankrupt person is required to disclose their bankruptcy status when entering into a contract for necessaries, such as housing.

MrMartin,who Has Been Declared Bankrupt,decided to Rent an Apartment for $1,600