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podryga [215]
3 years ago
12

What are some potential positive outcomes of filing for bankruptcy?

Business
1 answer:
matrenka [14]3 years ago
8 0

Answer:

An automatic stay against creditors. Once you file, the court automatically issues this stay against any and all debt collection activity.

Dischargeable debts.

Bankruptcy exemptions might allow you to maintain ownership of your property after bankruptcy.

Credit Score.

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Seminole Company began year 2017 with 23,000 units of product in its January 1 inventory costing $15 each. It made successive pu
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This question is incomplete.

The complete question, answer & explanation for this question is given in the attachment below.

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Marta is interviewing candidates for a position in the Human Resources department at her company. She is deciding who to intervi
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all of them

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7 0
3 years ago
Which of the following is an asset
Studentka2010 [4]

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A. Account receivable

4 0
3 years ago
In her new job, alison determined to make her _____________from the start
mestny [16]

In her new job, alison determined to make her <u>mark</u> from the start. Hence, the correct answer is mark. Read below about making one's mark.

<h3>What does it mean to make mark?</h3>

If one makes his/her mark or make a mark, one becomes noticed or famous by doing something impressive or unusual.

Therefore, the correct answer is mark.

learn more about idiomatic expression: brainly.com/question/902417

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7 0
2 years ago
Question Help If you deposit​ $20,000 in a savings account at a bankLOADING...​, you might earn 3 percent interest per year. Som
alexgriva [62]

Answer:

The answer is: due to risk aversion

Explanation:

Imagine all the money you had were those $20,000. You can choose to deposit them on a bank an earn $600 a year or lend them to someone else and get $1,600 a year.

I believe very few people would assume the risk of lending the money directly to a third party. Maybe if you know that person (e.g. maybe your brother) and really trust him or her, you could do that, but generally speaking, this rarely happens.

Every bank has a percentage of the loans they give out that are never paid back. Besides the costs incurred in running a business, banks also have to consider bad credits which will make them lose money. One of the duties of the bank is to reduce that risk and the number of possible bad credits, but they will never be zero. Imagine now that you lend your $20,000 to a bad creditor, you might lose all your money.  

At the end it all depends on how much risk you are willing to take.  

5 0
4 years ago
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