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suter [353]
3 years ago
6

A bankrupt who owns a house has the option of either paying the mortgage or losing his home. The court cannot reduce the amount

owed; its choice is to discharge the entire debt or leave it whole. Congress considered a bill that would permit a bankruptcy judge to adjust the terms of mortgages to aid debtors in holding onto their houses. Proponents argued that this change in the law would reduce foreclosures and stabilize the national housing market. Opponents said that it was not fair to reward homeowners for being irresponsible. How would you have voted on this bill?
Business
1 answer:
Olin [163]3 years ago
7 0

Answer: I will vote in favor of the bill.

Explanation:

Based on the above scenario, I would vote in favor of the bill. The argument here is in the case of bankruptcy, if an individual is willing to pay their dues but because of unavoidable financial circumstances, the individual seeks more time or other assistance which can help so that the person will later pay. I believe it's a good idea which should be supported by the law.

The court should have the right to decide terms of mortgages to help debtors in order for them to pay their debts in future rather than forcing them to leave the house. It will also help the country deal with issue of facilitating housing to maximum number of individuals.

In my opinion, the judge's decision should be given prime importance as the judge must evaluate the intention of the debtor and the capability of the debtor to pay the debts

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The CEO of Fly Corporation decides to change an accounting method at the end of the current year. The change results in reported
Angelina_Jolie [31]

Answer:

Fly Corporation

The stock price will not be affected by the accounting change.

Explanation:

This opinion is based on the assumption that the capital markets are efficient.  Therefore, the stock's market price will reflect all available and relevant information.  Since all the necessary information is already incorporated into the stock price, the CEO of Fly Corporation cannot beat the market by the change in accounting method, and the stock price will not be undervalued or overvalued.  Moreover, the change in accounting method only shifts the timing for reporting income.

3 0
3 years ago
Ace Deliveries, a courier service provider, built a strong reputation over a short period of six months. Inundated with customer
marysya [2.9K]

Answer:

both revenue-oriented and operations-oriented

Explanation:

revenue-oriented pricing can be understood the strategic price level that the producers set to maximize the amount of profit they earn. As it can be seen from the given passage, the company starts noticing more about the earnings, so that they decided to cut down on the discount offering to the customers and set higher price. By that, it can help raise the revenue of the company.

Meanwhile,  operations-oriented pricing is price strategy that the company adopts to optimize productive capacity as well as the efficiency of the manufacturing procedure. This is indicated in the actions of expanding fleet of vans and enlarge delivery networks of the company to raise the productivity.

6 0
3 years ago
An employee who just finished an mba paid for by a firm’s tuition reimbursement program might feel a moral obligation to stay wi
Arturiano [62]

The answer is normative commitment as this is a type of commitment in which an individual acquires because he or she feels a sense of obligation of having to be committed and to stay in which is seen in the scenario above as the person stays because of his obligation.

6 0
3 years ago
Prashant is shopping for a new pair of athletic shoes. Since he is concerned about both the price and the quality aspects of a p
DochEvi [55]

Answer:

B. Value-conscious.

Explanation:

In the scenario above Preshant can easily be tagged a value-conscious consumer particularly because of her keen interest and concern for price and goods quality.

It is also noted that their have always been segments of the population to whom value has mattered. This is especially the low-income families have long since used tactics such as coupon clipping to get the most out of their spend. However, as the economy recovered and strengthened, this prediction did not materialize.

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3 years ago
Outputs of a purchasing process normally might include all of the following except: __________
Tatiana [17]

Answer: the answer is D

Explanation:

4 0
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