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Rudiy27
3 years ago
7

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

Business
1 answer:
Alenkasestr [34]3 years ago
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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Formula field with a return type of currency.

Explanation:

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What are the disadvantages of international trade?
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It enables a country to obtain goods which it cannot produce or which it is not producing due to higher costs, by importing from other countries at lower costs. (iii) Specially Foreign trade leads to specialisation and encourages production of different goods in different countries.

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3 years ago
Suppose at the end of the meeting that Jack agrees to offer the restaurant buyout, including the non-competition agreement. Prio
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D) Yes, as long as he actually communicates the revocation to Hal and Sophia (or their agent) prior to acceptance.

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In contract law, an offer can always be taken back as long as the other party hasn't accepted it yet. In this case, Jack agreed to make an offer about the restaurant and he even included certain details that apparently were important (non-competition agreement), but since Hal and Sophia haven't accepted it yet, Jack can take it back without fear of any claim being made against him. All he has to do is communicate his decision of taking back his offer to either Hal or Sophia, or their agent (if there is one).

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3 years ago
Give some examples of each of the three ""occasions for decision"" cited by Chester Barnard. Explain in your own words why Barna
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Answer: The three "occasions for decision" are:

1. From authoritative communications from superiors

2. From cases referred for decision by subordinates

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1. From authoritative communications from superiors: an increase in the annual target of a sales force, passed on from the director to the sales manager.

This type of decision making is usually about the application of an instruction.

2. From cases referred for decision by subordinates: decision to employ branch level staff, whose engagement is within the right of the branch manager  

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3. From cases originating in the initiative of the executive command: the CEO deciding to take his brick and mortar business completely online.

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3 years ago
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