Like many students, barbara hann financed her education partially through loans. these loans included three federally insured stafford loans of $7,500 each ($22,500 in total). hann believed that she had repaid the loans, but later, when she filed a chapter 13 petition, educational credit management corp. (ecmc) filed an unsecured proof of claim based on the loans. hann objected. at a hearing at which ecmc failed to appear, hann submitted correspondence from the lender that indicated the loans had been paid. the court entered an order sustaining hann’s objection. despite the order, can ecmc resume its effort to collect on hann’s loans? explain

Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4

Match the different financial task to their corresponding financial life cycle phases

Kendra knight took part in a friendly game of touch football. she had played before and was familiar with football. michael jewett was on her team. in the course of play, michael bumped into kendra and knocked her to the ground. he stepped on her hand, causing injury to a little finger that later required its amputation. she sued michael for damages. he defended on the ground that she had assumed the risk. kendra claimed that assumption of risk could not be raised as a defense because the state legislature had adopted the standard of comparative negligence. what happens if contributory negligence applies? what happens if the defense of comparative negligence applies?