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IrinaK [193]
3 years ago
6

A medical supply company made transfers of property to a state hospital after the company was insolvent. Subsequently, the compa

ny filed for bankruptcy in federal bankruptcy court. The bankruptcy trustee, acting pursuant to the federal Bankruptcy Act, sought to recover those transfers. The state hospital, refusing to comply with the trustee's request, asserted that, as a state entity, it was immune from suit by a private individual, despite a provision in the Bankruptcy Act that abrogated state immunity with respect to such transfers. Can the trustee force the state to turn over the transferred property
Business
1 answer:
Digiron [165]3 years ago
8 0

Answer: Yes, because Congress was acting pursuant to the Bankruptcy Clause of Article I, Section 8, Clause 4, in subjecting the state to the Bankruptcy Act.

Explanation:

Bankruptcy Clause of Article I, Section 8, Clause 4 also know as uniform rule of naturalization states to establish a uniform rule of naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States; ArtI.S8.C4.1 Naturalization Power.

The trustee can force the state to turn over the transferred property because they act on force the state to turn over the transferred property

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How have engineer contributed to the society?Explain​
PilotLPTM [1.2K]

Explanation:

Engineers contributed very significantly to a country's development from an agricultural economy to the one that includes manufacturing communication services and exploration to the country's natural resources like 10 hydro power oil and gas

7 0
3 years ago
How much must be deposited today into the following account in order to have 35000
almond37 [142]

Answer:

$21,691.43

Explanation:

We are to determine the present value of 35,000

the formula for determining present value is :

PV = FV (1 + r)^-nm

FV = Future value  

P = Present value  

R = interest rate = 8%/ 12  

N = number of years

m = number of compounding = 12

35,000( 1 + 0.00667)^-72 = $21,691.43

8 0
4 years ago
Successful companies try to maintain a positive relationship in the community in which they do business. In the textbook, Colang
Marizza181 [45]

Answer:

socially responsible: lego

socially irresponsible: volkswagen

mine: a big person in charge.

Explanation:

When talking about socially responsible companies you can mention lego, since they keep gaining loyalty through their efforts to reduce their carbon emissions and help those in need. You have also google and apple as good examples.

A scandal with a socially irresponsible company is what happened to volskwagen, according to forbes magazine, they made huge profits compared to their competitors by poisoning the planet.

In any case, if you have a small or big company, you need a socially responsible ASSET, a person who you can trust to be sure that you are being socially responsible in every part of your business.

Good luck.

6 0
3 years ago
Roger purchased a stock for $16 a share. The stock paid a $1 annual dividend and increased in price by $2 a year for the followi
faust18 [17]

Answer:

11.20%, 16.80%

Explanation:

Purchase Price P_{0} = $16

Year 1 end closing price P_{1}= $18

Capital Gain Yield for the first year =  \frac{P_{1}\ -\ P_{0}  }{P_{0} }   = \frac{18\ -\ 16}{16}  = 12.5%

Capital Gain Yield for the second year = \frac{20\ -\ 18}{18} = 11.11%

Capital gain yield for the third year = \frac{22\ -\ 20}{20} = 10%

Average annual capital gain yield = \frac{12.5\ +\ 11.11+\ 10}{3} =  11.20% approx

Dividend yield for first year = \frac{D_{1} }{P_{0} }  = \frac{1}{16} = 6.25%

Dividend yield for the second year = \frac{D_{2} }{P_{1} } = \frac{1}{18} = 5.55%

Dividend yield for the third year = \frac{D_{3} }{P_{2} } = \frac{1}{20} = 5%

Average Annual Yield = \frac{12.5\ +\ 6.25\ +\ 11.11\ +\ 5.55\ +\ 10\ +\ 5 }{3} =  \frac{50.41}{3} = 16.80%

8 0
4 years ago
As a manager, you always need to be thinking about how to decrease costs without sacrificing the quality of your products and se
joja [24]

Answer:

1-one of the most important tasks to reduce costs without sacrificing the quality of products or services are preventive maintenance.

2-If you are paying a lease, another possibility is to negotiate said lease based on a percentage of participation between 7 and 10%, depending on your sales.

3-Organize the processes when manufacturing a product.

4-periodically evaluate the work staff, to know if they are getting the most out of them

5-buy better raw materials will improve the performance of the manufactured product.

Explanation:

The profitability of any business is determined by the ability to increase revenue and lower costs. Reducing costs without losing quality is the cornerstone of any company. The five points proposed are some solutions to reduce these costs without the product or service being offered to customers is affected in its quality.

6 0
3 years ago
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