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Ivanshal [37]
3 years ago
7

Describe the personal assets that are protected under Chapter 13. Describe the basic eligibility requirements for filing under C

hapter 13.\
Business
1 answer:
aleksandrvk [35]3 years ago
5 0

Both the state and the federal law define the exempt (protected) assets of chapter 13, so they may change from one state to another, but the following are the most basic ones, they are regulated by federal law, and considered common in all the 50 states:

<span>- </span>Family homes (homestead)

<span>- </span>Cars

<span>- </span>Household items

<span>- </span>Household furniture

- Personal items like clothes and jewelry

The main condition to be eligible for chapter 13 is demonstrate to the court that you have enough income after subtract basic allowed expenses and obligatory payments on secured debts. The main idea behind chapter 13 is the reorganization of your assets and create a repayment plan to pay back your debts usually over a period of 3 to 5 years. Another condition is that your debt cannot exceed $1’184.200 and you must be current in your income taxes.

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Which of these is the most likely outcome of a financial crisis?
abruzzese [7]
More bankruptcies because if there is a crisis people are losing a lot of money and are more than likely filling for bankruptcies.
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2 years ago
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Assume the following exchange rates: $1 = NZ$3, NZ$1 = MXP2, and $1 = MXP7. Given this information, as you and others perform tr
Vika [28.1K]

Answer:

c. Appreciate; Appreciate

Explanation:

Triangular arbitrage is the act of taking an opportunity resulting from a pricing discrepancy among three different currencies when the currency's exchange rates do not exactly match up

This cases are very rare and for a quite short period of time so there are very few traders who takes the advantange of them.

Lets study th given cases here:

A) NZ dollar Versus Mexican Peso

The exchage rate is 1NZ$= 2 Mexican Pesos (MXP)

But if we apply the triangular arbitrage:

1 NZ dollar = 0.3333 US$

and we know tha 1 US$= 7 Mexican Pesos (MXP

Then 1 NZ dollar = 0.3333* 7 MXP= 2.333 MXP

So the NZ dollar appreciates

B) MXP Versus U$S

The exchage rate is 1 MXP= (1/7) U$S

But if we apply the triangular arbitrage:

1 MXP = 0.5 NZ

and we know tha 1 NZ= 0.333 US$

Then 1 MXP = 0.5* 0.333 U$S= 0.166 U$S

So the MXP appreciates

7 0
3 years ago
Multiple Choice Best Buy decided to bring in Hubert Joly as CEO to replace Brian Dunn. Amazon has many strategically located dis
Fynjy0 [20]

Complete question reads;

Which of the following is not a reason Best Buy has had a hard time competing with Amazon? Multiple Choice

a. Best Buy decided to bring in Hubert Joly as CEO to replace Brian Dunn.

b. Amazon has many strategically located distribution centers across the United States.

c. Best Buy had significant expenses that did not help improve sales.

d. Amazon has a deep supply of products to draw from.

e. Best Buy has faced some key leadership challenges.

Answer:

a

Explanation:

Noteworthy is the fact that Hubert Joly's arrival into Best Buy was indeed a blessing to the company because within a year after he came in 2012, the company's stock value more than doubled in 2013.

He further improved the company's customer interactions, plus greater price competitiveness during his leadership.

6 0
3 years ago
Which of the following statements regarding PERT analysis is true? a. Each activity has two estimates of its duration. b. Projec
olganol [36]

Answer:

It's c.

Explanation:

Program Evaluation and Review Technique (PERT) is a method used in program management. It analyzes the time required to complete each task in a project and so tries to determine the minimum time to complete a project. It was developed by the US Navy in 1957.

In PERT analysis:

  • there are 3 time estimates for every activity: optimistic, pessimistic, and most likely
  • you have to find the Critical Path. The Critical Path is the longest path of scheduled activities that must be met in order to execute a project.  It is important to know because any problems on the critical path can prevent a project from moving forward and be delayed. Therefore only critical activities can contribute to the project variance.
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2 years ago
10. ___________ segmentation differentiates among heavy users, medium users, light users, and nonusers of a specific product, se
Papessa [141]

<u>Answer:</u> Rate of usage segmentation differentiates among heavy users, medium users, light users, and nonusers.

<u>Explanation:</u>

Rate of usage segmentation helps to divide the consumers based on the usage rate of the products. The consumption level of the consumers differs from one another.

Groups can be divided as heavy users, medium users, light users, and nonusers. By dividing them into groups the organizations are able to concentrate on heavy users rather than light users.

This is to maximize their profits the usage pattern of the consumers are also studied. Based on the usage pattern the companies change their products to be more user friendly.

7 0
2 years ago
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