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Dmitriy789 [7]
3 years ago
12

What does the term "judgment-proof" imply about a debtor? A. He/she has defaulted on a mortgage B. He/she has not property subje

ct to execution C. He/she has paid the full amount for the transaction D. He/she has provided a security interest for the debt
Business
1 answer:
Ierofanga [76]3 years ago
8 0

Answer:

He/She has no property subject to execution.

Explanation:

It is description of a person who doesn't have the assets for the creditor to seize when the court order requires the debt repayment. A broke and unemployed person is judgement proof. The debtor having few legally protected assets and income is also judgement proof. Judgment proof is also called the collection proof and is not permanent. The judgement are valid for many years, the creditors continue to collect whatever the judgement allows even after they have won a lawsuit against a delinquent customer.

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Lauren has gross pay of $765 and federal tax withholdings of $68. Determine Lauren's net pay if she has the additional items wit
White raven [17]

The correct statement is that the net salary of Lauren will be $623.52 after the deductions of tax withholding against her gross pay of $765.

So, the correct option that matches the statement quoted above is D. Calculations regarding the deduction of tax withholding are shown below.

<h3>Calculation of net salary</h3>

Net salary of Lauren can be calculated by subtracting all the given deductions from gross pay available in the hands of Lauren.

The withholding of taxes of Lauren will be calculated as,

\rm Security\ Tax= Gross\ Pay\ x\ rate\\\\\rm Security\ Tax= 765\ x\ 0.062\\\\\rm Security\ Tax= \$47.43

Calculating further,

\rm Medicare\ Tax\ = Gross\ Pay\ x\ rate\\\\\rm Medicare\ Tax\ = 765\ x\ 0.0145\\\\\rm Medicare\ Tax\ = \$11.09

and

\rm State\ Tax\ = Federal\ Tax\ x\ Rate \\\rm State\ Tax\ = 68\ x\ 0.22\\\\\rm State\ Tax\ = \$14.96

Now deducting the summation of tax withholding from the gross pay, we get net salary as,

\rm Net\ Pay= Gross\ Pay- Tax\ Withholding\\\\\rm Net\ Pay= 765-(14.96+11.09+47.43+68)\\\\\rm Net\ Pay= \$623.52

So, net pay of Lauren will be $623.52 for such period.

Hence, the correct option is D that the net salary of Lauren will be $623.52 after the deductions of tax withholding against her gross pay of $765.

Learn more about Net Salary here:

brainly.com/question/24017475

4 0
2 years ago
What kinds of action could you take when you execute your decisions in the ipde process?
8_murik_8 [283]

When you apply the IPDE process, you may decide to change speed, change path, or communicate with others. The smith gadget is a method of organizing space zones around your vehicle. There are six zones of the area surrounding your vehicle inside the sector control system.

Carrying out your decision to avoid a conflict is the Execute step in the IPDE technique. this is the physical step of IPDE. The important moves you could execute are: manipulating pace, steering, and talking. Different actions include: using the heater, defroster, and wipers.

IPDE stands for pick out, are expecting, decide, and Execute. this is the step-by means of-step method in the back of the ideas of defensive riding and the complexities of visual perception in traffic.

The first step in the IPDE manner is to become aware of viable hazards. the second step within the IPDE procedure is to expect approximately what should take place. you'll use your information and judgment and enjoy. The third step within the IPDE process is to decide or choose.

Learn more about IPDE process here: brainly.com/question/2497669

#SPJ4

4 0
2 years ago
The best defensive driving strategy in planning ahead for an evasive action on the road includes:
Pie

Answer:

A) Scan the highway far and wide.

B) Think about how slow, stop or change lanes suddenly.

Explanation:

The Smith Driving Standards can be a very useful guide for defensive driving techniques. It includes the Five Principles of Defensive Driving:

  1. Aim high : you should be alert and focused, and your head should be held up high so that you can view the whole road.
  2. The Big Picture : try to identify angry or erratic drivers, and always be aware of your surroundings.
  3. Keep Your Eyes Moving: you must be alert and keep your eyes on the road.
  4. Leave Yourself An Out : try to anticipate what other drivers are doing so that you have a possible exit in case you need to change lanes suddenly.
  5. Ensure they see you: make sure other drivers have noticed you.

7 0
3 years ago
Who is Adam Smith and what is his belief about prices? Do you agree or disagree? Why?
andrew-mc [135]

Answer:

Adam smith is Abigail Smiths husband

Explanation:

They have been married for centies

4 0
3 years ago
Pls help me I would appreciate it
devlian [24]

Answer:

I WOULD SAY HIGH INTRUST RATE.

Explanation:

Hope this helps <3 HAVE A GOOD DAY!

6 0
3 years ago
Read 2 more answers
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