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Alenkinab [10]
3 years ago
13

What is one drawback of declaring bankruptcy?

Business
2 answers:
Korolek [52]3 years ago
6 0

Answer:

B. It severely lowers a persons credit rating.

Explanation:

Immediately a person files for bankruptcy, their credit history changes to bankrupt status instantly. The bankruptcy status may stay up to 10 years. It becomes very challenging for such individuals to get credit facilities. Any lender seeking to get their credit history to advance them a loan will get a bankrupt status as the feedback.

Bankruptcy means that the  person does not have sufficient  assets to cover their debt obligations.  All their credit cards get canceled. The bankruptcy status creates a long term negative effect on credit history.

Montano1993 [528]3 years ago
6 0

Answer:

B

Explanation:

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The slope and position of the long-run aggregate supply curve
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<span>Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change which of the following? Check all that apply.

__ The price level
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Suppose the economy produces real GDP of $50 billion when unemployment is at its natural rate.
(graph goes here)
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5 0
3 years ago
Read 2 more answers
Suppose real GDP is forecasted to grow by 2.78 %, the velocity of money has been stable, and the Fed announces an inflation targ
Vadim26 [7]

Answer: 6.48%

Explanation:

This can be solved using the Quantity theory of money;

MV = PY

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Velocity has been stable so will be zero.

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6 0
3 years ago
The first three steps to allocating manufacturing overhead are taken before the year begins and include all of the following exc
maks197457 [2]

Answer: D. Allocating some manufacturing overhead to each individual job

Explanation:

The first three steps to allocating manufacturing overhead are taken before the year begins does not involve allocating some manufacturing overhead to each individual job as this would affect the manufacturing process.

5 0
4 years ago
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Dennis_Churaev [7]

Answer:

A) kiosk marketing

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kiosk marketing -

The marketing strategy , which a kiosk is used , is known as kiosk marketing .

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Kiosks are placed in places like , malls , busy street  etc .

Hence , the company , Green gardens set up kiosks in order to attract people and increase their customers and thereby increasing their profit .

6 0
4 years ago
Expalin how foreign employment contributes to spurring nation economy​
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3 years ago
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