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nekit [7.7K]
3 years ago
5

Andy’s business is not able to pay its debts, and the prospects for its finances to improve are slim. Andy decides not to contin

ue the business. In this case, Andy should file a voluntary petition for which type of bankruptcy?
a. Chapter 7.
b. Chapter 11.
c. Chapter 13.
d. Chapter 12.
Business
1 answer:
aalyn [17]3 years ago
3 0

Answer: a. Chapter 7

Explanation:

Chapter 7 bankruptcy is a type of bankruptcy that allows trustee to sell a few of one's property in other to repay creditors. It also allows the cancelation of some debt. The chapter 7 bankruptcy is also known as straight or liquidation bankruptcy and it is the most commonly used especially by individuals.

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Douglas County sought bids for a construction project. Robert Taggart wanted to submit a bid but knew the project needed rock. H
Jet001 [13]

Answer:

No, there is no contract between the two parties because of withdrawal of offer (Revocation) before the acceptance of the other party.

Explanation:

When one party offers another party and after some time the offer maker withdraws the offer by communicating that they had revoked then the offer is no more available to the other party and is often termed as Revocation. So when the offer maker revokes before the acceptance of the offer by the other party then their is no offer at consideration to the other party, which means if there is no offer then their can not be an acceptance of an offer and of course when there is no acceptance then there is no contract.

The communication of revocation was held before the acceptance of the offer of the other party which agains says that the contract was not actually formed.

4 0
4 years ago
When ajax co. produced 3 units of output per​ week, its total fixed cost was ​$100100 and total variable cost was ​$5555. when o
Lostsunrise [7]
<span>A fixed cost of $100,100 will not change. At 3 units per output at $5555 the cost per unit would be 5555 divided by 3 which equals 1851.66 per unit. When increased to 4 Units per week the Fixed cost will remain the same the variable cost should be 4 times 1851.66 per unit which would equal $7406.66. So we can either conclude that the variable cost increases per unit or that the question is false!</span>
6 0
4 years ago
Knowledge development goes hand-in-hand with information sharing in high-performance work systems.
Yanka [14]
True duh that's super easy
7 0
4 years ago
The concept of "human resource management" implies that employees are a _________.a. secondary component of a business. b. troub
Veronika [31]

Answer:

c. resources of the employer.

Explanation:

https://quizlet.com/319840170/ch-1-flash-cards/

the name of the flash card is called Ch.1

Your welcome

<u><em>my Instagram is called = itsstephbored</em></u>

6 0
4 years ago
An index model regression applied to past monthly returns in Ford’s stock price produces the following estimates, which are beli
Lady_Fox [76]

Answer:

Abnormal change in Ford's stock = -1.80%

Explanation:

Abnormal change in return Ford's stock change =Increase in Ford's Stock change -Beta*Change in Ford's Stock Price

=7% -1.1*8% =-1.80%

6 0
3 years ago
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