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vazorg [7]
3 years ago
9

Bankruptcy is a process when a lender tries to obtain money from an individual's employer to pay an unpaid debt.

Business
2 answers:
ololo11 [35]3 years ago
6 0
The answer to this question would be false because when you file for bankruptcy you are not asking to get help to pay your debt you are asking to have it expunged.
____ [38]3 years ago
5 0

Answer:

FALSE

Explanation:

Bankruptcy is a legal situation in which a person or company declares that they have no financial capital to meet their obligations. This is a process that must be authorized by a judge. When bankruptcy is filed, the assets of the company / person filing for bankruptcy are frozen so that they can later be used to pay off part of the company's debts. For example, if a company goes bankrupt and does not pay suppliers and employees. The assets of the bankrupt business owners may be used to pay those who have been injured.

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What types of businesses are likely to have an informal corporate culture?
Musya8 [376]
A computer worker i guess

hope that helps

plz choose me  as brainiest question of alll sorry words may be wrong texting on brand new iphone 6 broke iphone 5s
3 0
4 years ago
Read 2 more answers
When the brazilian real changes from 1000 real per u. s. dollar to 1500 real per u. s. dollar, the real is?
Brrunno [24]

When the Brazilian Real changes from 1000 real per U. S. dollar to 1500 Real per U. S. dollar, the real is devalued.

If the Brazilian Real appreciates relative to the U.S.​ dollar, the number of reals furnished increases because the lower fee​ (in real) for U.S. goods induces Brazilians to shop for extra U.S. products.

If an international location's actual trade price is growing, its method of its of goods has become extra costly relative to its competitors. Growth within the actual alternate charge means humans in a country can get more foreign goods for an equal quantity of domestic goods.

While the dollar appreciates, exports lower because they may be now more pricey for foreigners to shop for and imports growth inflicting internet exports to decrease. When the dollar appreciates, exports lower because they're now greater high-priced for foreigners to shop for and imports grow to inflict net exports to decrease.

Learn more about trade here brainly.com/question/17727564

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4 0
2 years ago
Even after a foreclosed property is sold at public auction, the defaulting borrower may be able to recover the property for a ti
9966 [12]

This right is called the right of Redemption

The right of redemption enables borrowers who have fallen behind on their mortgage payments to regain their homes by paying the outstanding balance plus interest and penalties either before the foreclosure process gets underway or, in some areas, even after a foreclosure auction.

When a person takes out a mortgage to purchase a property, the house itself acts as security for the loan. In other words, if a homeowner misses a payment, they lose possession of the house. Many mortgage notes contain a clause referred to as the right of foreclosure that explains a lender's power to foreclose on a property and specifies the circumstances in which the lender may do so.

Learn more about the Redemption here brainly.com/question/13554337

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8 0
2 years ago
Bond ratings are significantly based on all of the following EXCEPT:_______.
KiRa [710]

Answer:

c) The current ratio

Explanation:

The current ratio is an example of a liquidity ratio.

Liquidity ratios measure a company's ability to meet its short term obligations.

Current ratio = curernt assets / current liabilities

Return on assets is a profitability ratio. It measures return on investment

The other ratios are coverage ratios. They measure the ability of the firm to covert its debts payments

5 0
3 years ago
Select the correct answer.
Lana71 [14]

Answer:

B-section 404

Explanation:

it is registered as 404

6 0
3 years ago
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