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1
Appendix F for Unit Six
Questions on the Features
N.B.: TYPE indicates that a question is new, modified, or unchanged, as follows.
N A question new to this edition of the Test Bank.
+ A question modified from the previous edition of the Test Bank.
= A question included in the previous edition of the Test Bank.
CHAPTER 29—INSIGHT INTO ETHICS:
REVERSE REDLINING IN THE MORTGAGE MARKET
B1. Metro Loan Center refuses to offer mortgages to borrowers, often members of
minority groups, who live in poorer neighborhoods. This is
a. legal lending criteria.
b. reverse redlining.
c. redlining.
d. legitimate wealth-protection.
CHAPTER 31—INSIGHT INTO SOCIAL MEDIA:
LIVE CHATTING WITH YOUR STATE’S BANKRUPTCY COURT
B2. The U.S. Bankruptcy Court for the District of Arizona uses online live chatting
as part of a strategic initiative to educate the public about bankruptcy. Those
who have used the live chat services include
a. individuals interested in filing for bankruptcy without an attorney.
b. paralegals.
c. real estate lawyers who have expanded into bankruptcy law.
2 TEST BANK B—UNIT SIX: CREDITORS’ RIGHTS AND BANKRUPTCY
d. all of the choices.
UNIT SIX—FOCUS ON ETHICS:
CREDITOR’S RIGHTS AND BANKRUPTCY
B3. Repo Motors Company uses “self-help” repossession when its debtors default
on their loans. This simplifies the process of repossession because
a. it can be done without judicial process.
b. it is less stressful for debtors.
c. it provides an incentive for confrontations with debtors.
d. the UCC clearly defines what constitutes “breach of the peace.”
B4. General Credit Corporation lends money to Hank, taking a security interest in
his assets. Later, Hank files a bankruptcy petition. From General Credit’s point
of view, once Hank is in bankruptcy, his assets have
a. diminished value, or no value.
b. increased value.
c. the same value.
d. unique value.
