Answer:
Options B & D
Explanation:
Bankruptcy refers to a situation where by a people cannot pay their debts. It involves a legal process.
Option B and D are true.
Many major cities have avoided bankruptcy by being placed under the control of financial control boards by their state governments. As such it they are declared bankrupt by a court are brought under the control of independent trustees whose primary objective is to ensure that obligations to bondholders are satisfied in full.
- A: Per the federal bankruptcy code, a municipality can be declared bankrupt but not insolvent is not true because if you are declared bankrupt, it implies that you are either not paying you loan as due or have stopped paying for a while and it also means you are insolvent. A government can be bankrupt if they cannot pay their debts.
Answer:
below.
this will help you
Explanation:
A map that shows an area in great detail, such as a street map of a neighborhood, is called a large-scale map because objects on the map are relatively large. A map of a larger area, such as a continent or the world, is called a small-scale map because objects on the map are relatively small.
Answer:
The two types of loans available are Secured loans and Unsecured loans. They differ from one and other due to a secured loan being one that requires you to offer something of value, such as your car or the home you reside in, which you will lose if you cannot pay off the loan. Whilst an Unsecured loan is when the lender does not require you to put down collateral to take out the loan. The lender trusts that you will pay them back, through a bank, credit union, or online lender. If you don’t pay the money back, the lender must go to court to get their coinage.
Hope this helps! Good luck with the assignment!
It started 476 a.d thats the answer
