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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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When is the best time to consider diversification for a company? A. The company has strong competitive position in its industry
Advocard [28]

Answer: A. The company has strong competitive position in its industry and industry growth is sluggish.

Explanation: Diversification is best done from a position of strength, a company should be doing well in its current industry and market before considering diversifying. A company having strong competitive position in its industry and when there is a sluggish growth in that industry, the company can diversified.

Diversification in corporate is a strategy that a company implement to increase market shares and sale volume by introducing new product in another industry and market different from the one they are operating.

5 0
3 years ago
If the marginal propensity to consume (MPC) is 0.8 and taxes decrease by $200, then real GDP will: Please choose the correct ans
NNADVOKAT [17]

Answer:

increase by $800

Explanation:

if taxes decrease by 200 then

GPD x tax multipler = net impact on GDP

the tax multiplier is calculated as follows:

\frac{MPC}{1 - MPC}

\frac{0.8}{1 - 0.8} = \frac{0.8}{0.2}

multiplier = 4

tax variation x multiplier

200 x 4 = 800

As the taxes decreases the effect on the GDP is positive.

7 0
3 years ago
A research scientist with a major pharmaceutical firm in New Jersey is caught passing on sensitive information, worth millions o
Mnenie [13.5K]

Answer:

Corporate espionage.

Explanation:

Corporate espionage is the act of utilizing espionage techniques for business or financial purposes. We normally consider "espionage" regarding spies taking a shot at benefit of one government attempting to get data about another.

7 0
3 years ago
which type of grant is often used by the national government to indirectly promote business development?
Archy [21]

The national government frequently uses specific types of grants to obliquely encourage corporate development. An official cash award provided by a federal, state, or municipal government body for a worthwhile enterprise is known as a government grant. It functions as a transfer payment in essence.

Technical help and other forms of financial support, such as loans, loan guarantees, and interest rate subsidies, are not included in grants. The most prevalent types include grants for small businesses, science-related grants, awards for nonprofit organisations, and grants for education.

Each person or organisation must fulfil conditions established by the government in order to be eligible to receive grant monies. Government funding for grants is authorised and appropriated.

To know more about national government, click here:-

brainly.com/question/28826393

#SPJ4

5 0
2 years ago
You are in the process of purchasing a new automobile that will cost you $27,500. The dealership is offering you either a $2500
ohaa [14]

Answer:

there are no options listed, but the answer should be $592.91 or the closest option

Explanation:

this is an ordinary annuity and in order to calculate the monthly payment you can use the present value of an annuity formula:

present value = monthly payment x PV annuity factor

monthly payment = present value / PV annuity factor

  • present value = $27,500 - $2,500 (rebate) = $25,000
  • PV annuity factor (0.541667%, 48 periods) = 42.16421

monthly payment = $25,000 / 42.16421 = $592.91

3 0
3 years ago
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