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3 years ago

How many types of bankruptcy cases are provided for in the Bankruptcy Code?

1 answer:

7 0

The answer is b. 6

There are 6 types of bankruptcy outlined by title 11 of the United States Codes. Those cases are :

- Chapter 7
Bankruptcy governs the process of liquidation. Designed for debtors in financial difficulity who do not have the ability to pay their debt

- Chapter 9
Bankruptcy available exclusively for municipalities

- Chapter 11
Which designed for reorganization of a business

- Chapter 12
Similar to cahpter 11, but only apply for farmers and fishermen

- Chapter 13
Which designed for debt rehabilitation

- Chapter 15
If the bankruptcy case involve some assets that was spread across the country

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Langer Company produces plastic items, including plastic housings for humidifiers. Each housing requires about 15 ounces of plas

Alex

Answer:

Langer Company

Direct Materials Purchases Budget

For July, August and September

July August September Total

Units to be produced 3500 4400 4900 12800

Direct materials per unit (ounces) 15 15 15 15

Production needs 52500 66000 73500 192000

Desired ending inventory (ounces) 19800 22050 28350 28350

Total needs 72300 88050 101850 220350

Less: Beginning inventory 15750 19800 22050 15750

Direct materials to be purchased (ounces) 56550 68250 79800 204600

Cost per ounce $0.08 $0.08 $0.08 $0.08

Total purchase cost $4,524 $5,460 $6,384 $16,368

3 0

3 years ago

According to current law, for works created after 1976, what are the copyright durations for a creator and for a corporation?

Elenna [48]

Answer:
For the creator, the copyright duration is the lifetime of the author plus 50 years.
For a corporation, the copyright duration is 75 years.

Details:
The copyright Act of 1976 was a revision of the previous copyright Act of 1988.
Another revision enacted by the 1976 copyright law was to increase the extension of copyrighted material before 1978 that was not in the public domain. The increase was from 28 to 47 years or a total duration of 75 years.

5 0

3 years ago

An example of the ___________ effect is when BMW gained in-depth information about visitors to a popular Chinese social media si

Bezzdna [24]

Answer:

information effect.

Explanation:

Based on the information provided within the question it can be said that the effect being illustrated in this scenario is known as the information effect. This term refers to when a company obtains confidential information that allows them to make specific decisions to drastically increase their position within the market. Such as BMW is doing by using the information to target the correct population segment within the market.

5 0

3 years ago

Read 2 more answers

Rebecca decides to introduce a new discount strategy to the customers of her restaurant. Before deciding upon the strategy, she

Lera25 [3.4K]

Answer:

encouraging their participation in the decision making process.

Explanation:

There are several theories about how to overcome employees' resistance to change, and most of them have certain concepts in common:

encourage employee participation in the process
set challenging but achievable goals
try to solve conflicts quickly as soon as they arise
be positive about the changes
stimulate teamwork
be a leader

Whenever changes occur, at home or at work, everyone feels better if their opinions and ideas are considered during the process.

3 0

3 years ago

Antiglobalization activists:

QveST [7]

Answer: Option C

Explanation: The anti global activist are individuals who are concerned about the environmental effects on globalization. The anti globalist carries the perception that social and economic equality could be achieved without the negative effects of capitalism.

These activist complain that, if the business organisation are made free to trade then the poor countries like in Africa, will sacrifice their environmental duties for the investment from rich countries.

Hence from the above we can conclude that the correct option is c.

8 0

3 years ago