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Reil [10]
3 years ago
8

How many cases of bankruptcy cases are provided for in the bankruptcy code

Business
1 answer:
tia_tia [17]3 years ago
4 0
There are six types of bankruptcy cases that are provided for in the bankruptcy code, They are:

Chapter 7, Chapter 9, Chapter 11, Chapter 12, Chapter 13, Chapter 15

In short, Your Answer would be Option B

Hope this helps!
You might be interested in
This year, Callie and Neil formed the equally owned CN partnership. Callie contributed $300,000 of cash and Neil contributed rea
Nitella [24]

Answer:

1. a. Callie =$375,000

b. Neil $25,000

2. Equal

Explanation:

The computation of given question is shown below:-

1. Adjusted Callie contribution = $300,000

Neil contribution = $100,000 × 50%

= $75,000

Callie basis in partnership interest after the formation = $300,000 + $75,000

= $375,000

Adjusted Neil contribution = $100,000

Neil contribution = $100,000 × 50%

= $75,000

Neil basis in partnership interest after the formation = $375,000 - $75,000

= $25,000

2. Equal or in Profit-Loss Sharing Ratio

In the profit - loss sharing ratio or equal when debt is allocated between the two partners

6 0
3 years ago
Dialogue with a goal of helping another be more effective and achieve his or her full potential on the job is referred to as
Aloiza [94]

Answer:

Dialogue with a goal of helping another be more effective and achieve his or her full potential on the job is referred to as coaching.

3 0
3 years ago
Privacy protection in the united states is ________ in europe.
Rus_ich [418]
<span>Privacy protection in the United states is much less stringent than in Europe.

Stringent is another word for strict. European privacy protection laws are much more strict than those in the United States. Privacy protection refers to the means of protecting your privacy and companies are not allowed to give out personal </span>information without confirmation they are allowed to do so. 
7 0
3 years ago
Item 1 Item 1 Dr. Glover's office has one vendor for their practice management software and another for their electronic health
miskamm [114]

Answer:

interface.

.

Explanation:

Dr. Glover's office has one vendor for their practice management software and another for their electronic health record, but the systems are able to communicate with one another without duplicating data entry. The systems are able to interface

An access point in which two independent systems meet and act on or communicate with each other. An interface can allow different software packages to communicate without re-entering data

6 0
3 years ago
Cray Research sold a super computer to the Max Planck Institute in Germany on credit and invoiced €10 million payable insix mont
Reil [10]

Answer:

a) The expected loss from the forward hedging = $432,900

b) No I wouldn’t recommend hedging the euro receivable based on the fact that the future spot rate is better off than the forward exchange rate.  

c) No I wouldn’t because in any case whether you hedge or not there will be no difference.

Explanation:

Solution.

Forward Exchange Rate = $1.10/€, therefore the equivalent of €10 million receivable from Germany in 6-month time = €10 million / Forward exchange rate ($1.10) = $9,090,909

However, the 6 months spot rate is $1.05/€, therefore if we simply wait till 6 months we will receive €10 million / Forward spot rate ($1.05) = $9,523,809.

a) The expected loss from the forward hedging = $9,523,809 - $9,523,809 = $432,900

b) No I wouldn’t recommend hedging the euro receivable based on the fact that the future spot rate is better off than the forward exchange rate.  

c) No I wouldn’t because in any case whether you hedge or not there will be no difference. You’ll just end up paying hedging fees which will impact on profits adversely.  

However it is always advisable to hedge foreign exchange risks because predictions could differ from reality and adverse movements in exchange rates could carry significant financial consequences which may not be comparable to the hedging costs.

7 0
3 years ago
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