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horsena [70]
3 years ago
14

Are the preferential transfer rules that are applied in bankruptcy affected by whether an insolvent individual debtor filed a vo

luntary bankruptcy petition as opposed to an involuntary petition? Simply state ""yes"" or ""no.""
Business
1 answer:
N76 [4]3 years ago
4 0

Answer:

YES

Explanation:

It is true that the preferential transfer rules that are applied in bankruptcy is affected by whether an insolvent individual debtor filed a voluntary bankruptcy petition as opposed to an involuntary petition.

A preferential transfer can only occur when an insolvent individual, before voluntarily filing for Chapter 7 bankruptcy, settles a creditor or a category of creditors which then implies that the remaining creditors will be entitled to less in the bankruptcy.

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With ________ products and services, a higher price might lead to a greater quantity sold, but only up to a certain point.
blsea [12.9K]

With prestige products and services, a higher price might lead to a greater quantity sold, but only up to a certain point.

A product is something that can be supplied to a market in order to satiate a customer's need or desire. In case of marketing, a product is an item or service which is made accessible for consumer utility in response to their demand. Products are also sometimes found in form of merchandise in the retail sector, or they are purchased as raw materials and then made into finished things in the manufacturing sector. The most common types of commodities are basic materials which includes metals or agricultural goods, but can also include anything that is readily available in the open market. 

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3 0
2 years ago
What objective can a smart budget fulfill for an individual as well as an organization?
tia_tia [17]

The answer is A........

6 0
3 years ago
A trial balance is prepared to:
Nikolay [14]

Answer:

d.discover errors that affect the equality of debits and credits.

Explanation:

Trial balance : In trial balance, there are two columns namely debit columns and credit columns. The total of debit and credit columns should always be matched.  

The debit columns record assets and expenses side whereas, the credit column record revenue, stockholder equity, and the liability side. It shows the error through which the debit side and the credit side would be affected.

3 0
3 years ago
Shannon Hill needed to buy an airline ticket to visit her parents. She went to several websites to compare rates and chose a fli
qaws [65]

Answer:

d. Shopping

Explanation:

Based on the scenario being described within the question it can be said that this flight is an example of a shopping product. This term refers to a product that consumers purchase very rarely, and because of this choose to compare prices between all the available options in the market because they do not know what a regular price range actually is for that product.

3 0
3 years ago
What is the law of demand? ​
Lunna [17]

Answer:

The law of demand states that all other things being equal, the quantity bought of a good or service is a function of price. As long as nothing else changes, people will buy less of something when its price rises. They'll buy more when its price falls.

Explanation:

5 0
4 years ago
Read 2 more answers
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