1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IgorLugansk [536]
3 years ago
12

____ bankruptcy temporarily relieves a company from its debts while it reorganizes and works out a payment plan with its credito

rs.
Social Studies
1 answer:
posledela3 years ago
4 0

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.

You might be interested in
Which problem of colonial America is John Smith addressing in this statement?​
UNO [17]

Answer:

Arriving colonists focused most of their time on finding gold.

Explanation:

8 0
3 years ago
Four reasons to keep your money in a financial intutustion
Dafna1 [17]
Four reasons to keep your money in a financial institution like a bank are: Its the safest place for your money. In the case of burglaries or any such misfortune, a financial institution is the safest option. Interest rate is an added incentive for keeping your money in an institution. Money usually keeps losing and gaining value. In a bank it will keep earning you an interest on your savings. It is easy to manage your cash, keep track of your expenditures and savings. Value-added facilities provided by these financial institutions are also an attractive incentive.
8 0
4 years ago
What religious denomination is the washington national cathedral?
lisabon 2012 [21]

Answer:

Episcopal cathedral

Explanation:

Washington National Cathedral, also called Washington Cathedral, officially Cathedral Church of St. Peter and St. Paul, in Washington, D.C., Episcopal cathedral chartered by the U.S. Congress in 1893 and established on Mount St. Alban (the highest point in the city) in 1907.

6 0
3 years ago
Norepinephrine and epinephrine cause an increase in heart rate (HR) and stroke volume (SV), which is the amount of blood pumped
dsp73

Answer:

Permissiveness

Explanation:

Permissiveness is a biochemical process in which the presence of hormones is required for other hormones that exert its full effects on target cells. Hormones can interact in permissive, synergistic and antagonistic ways. In permissiveness, one hormone must present for full effect and the other hormone. For example, the thyroid hormone increases epinephrine. Permissiveness related to the traits that make a person submissive. Permissiveness has a great role in biology as well as psychological traits.

5 0
3 years ago
In either case, if spending is higher than taxes, both liberals and conservatives are likely to run a _______in order to stimula
puteri [66]

Answer:

deficit

The deficit is the amount by which spending surpasses revenue in any one year

5 0
3 years ago
Other questions:
  • Each potential answer to a legal question is called a _______________. conclusion
    5·1 answer
  • Before the 1950s, why did some therapists believe psychotherapy is unsuccessful in treating schizophrenia? people with schizophr
    14·1 answer
  • C.k. misses two goals in soccer and greatly criticizes himself after the game because he believes that by correcting his persona
    10·1 answer
  • Why did the battle of manila bay happen?
    13·1 answer
  • Norman triplett conducted what is widely regarded as social psychology's first experiment. he found that children tended to perf
    7·1 answer
  • What methods does the Women's Rights movement use that proved effective for the
    14·1 answer
  • Rey works in the packing department at a frozen food factory and is paid a set amount of money for every 1,000 containers of fro
    15·1 answer
  • What problem did President Adams face abroad? How did Adams resolve this problem?
    6·2 answers
  • As part of a plan to emphasize a dynamic corporate culture at the Gagnier and Morris advertising company, Yvette has done away w
    5·1 answer
  • Poverty increases even more by unnecessary expenditure during feasts and festivals​
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!