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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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Vinny is unmarried and provides more than half the support for his cousin Gambini, who lives in Vinny's home for the entire year
anzhelika [568]

Answer:

a. True

Explanation:

Since Vinny is unmarried also it provides more than the half of the support for his cousin whose name is Gambini and she is doing part time job and made three thousand dollars in a year

So vinny would qualify the household head for flining the status

Therefore the given statement is true

hence, it is not false

4 0
3 years ago
Cost-volume-profit analysis is based on necessary assumptions. Which of the following is not one of these assumptions? Select on
ArbitrLikvidat [17]

Answer:

b. Relevant range includes all possible levels of activity that a company might experience.

Explanation:

In the cost-volume profit analysis, there are following assumptions which are described below:

1. There are two types of cost i.e variable cost and the fixed cost.

2. The sale mix remains same in case of multi product company

3. The volume of sales equals to volume of production

4. The cost is linear over the appropriate range i.e variable cost per unit and the fixed cost which remains same plus the selling price is also constant.

6 0
3 years ago
Your family runs a specialty ice cream parlor, Ice-Scoops. It manufactures its own ice cream in small batches and sells it only
BartSMP [9]

Answer:

The reasons why I need to restructure the company's channel of distribution are:

The company is going to enter a new market.

If we don't increase our distribution we are going to lose against our adversaries.

The existing distribution is not going to be profitable.

Explanation:

The arguments behind these reasons are that in the first place we no longer belong to the same market. The company has entered a new market and because it now has this bigger pool of customers we need to increase the channel of distribution or we are going to lose the market. That is the second reason if we don't build a distribution network we are going to let our adversaries sell their products to the new clients because we are unable to satisfy their needs. Third, the actual channel of distribution needs to improve it because if we don't do it we are going to lose by working with the same. the reason is that the capability might not be enough to satisfy the demand.

5 0
3 years ago
Francine wants to become a school counselor. Which skill would be most useful for a successful career?
Agata [3.3K]

Answer:

C)

Explanation:

Compassion is when you are concerned for someone or somebody.

7 0
4 years ago
Read 2 more answers
The mission of the National Association of Advertising (NAA) is to improve and strengthen the ad agency business, to advocate ad
grin007 [14]

Answer: False

Explanation:

The above statement is wrong as the function described is that of the American Association of Advertising Agencies which is a trade association for the advertising agencies in the United States.

The goal of the American Association of Advertising Agencies is to strengthen and also improve advertising agency business and to also help its member agencies to enjoy more profit and be more effective and efficient.

3 0
4 years ago
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