Answer:
False
Explanation:
TAX: tax is a compulsory fnancial levy either direct or indirect imposed upon a taxpayer by the government. There are three types of taxes and the three types of taxes are the; proportional tax, the progressive tax, and the regressive tax. Taxes are used to raise revenue for government expenditures,
A proportional tax; regardless of the income, the same percentage of taxation will be on everyone.
TAX REFORM: tax reform is the process of changing the way taxes are collected by the government.
The tax reform made in 1986 was made in order to DECREASE CONSUMER DEBT and INCREASE HOME EQUITY DEBT and not the way round.
Because of the reform, citizens financed their spendings through home equity.
being tired but unable to sleep :|
Answer:
According to the <u>Chapter 11 of the Bankruptcy Code</u> (the federal level law), bankruptcy temporarily relieves a company from its debts while it reorganizes and works out a payment plan with its creditors.
Explanation:
If the company <em>chooses to continue its operation</em> and find a way out of the crisis, it would opt for Chapter 11. While all the major decisions would have to be approved by the bankruptcy court, the company would be still allowed to continue its daily business activities and thus have a chance to become profitable. If the company opts for Chapter 7 of the Bankruptcy Code, it would have to cease its business operation completely.
Answer:
The ball being pulled toward the ground
Explanation:
Whenever an object is thrown in the air, a force tends to pull the object towards the ground (the center of the earth) which is termed force of gravity.
Answer:
They started developing alternatives to oil use.
Explanation:
The oil crisis brought about a growth in alternative energy solutions. People started building places like "Earthships" and looked at creating oil from crops.
