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2 years ago

Which of the following is not a legal right of a debtor?

1 answer:

7 0

Debtors are granted some measures or rights. The option that is not a legal right of a debtor is right to declare bankruptcy.

A lot of creditors often do not obey simple rules, and thus uses some kind of deceptive or intimidating actions so as to recover money they are owed.

A lot of creditors often uses threats of violence in trying to recover debt.

In the State of California’s Rosenthal Act, one, as a debtor, is known to have the right to be free from harassing letters and calls from creditors and collection agencies because of unpaid debt.

it is known to stop creditors from constantly disturbing one at home or sending threatening letters on a regular basis.

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TB MC Qu. 3-209 Chavez Corporation reported the ... Chavez Corporation reported the following data for the month of July: Invent

ss7ja [257]

Answer:

The cost of goods manufactured for July is $ 232,000

Explanation:

Raw Materials Inventories Utilized In Production

Beginning Raw materials $ 41,000

Add Purchases $ 73,000

Less Ending Raw materials ($ 37,000)

Used in Production $ 77,000

Cost of goods manufactured

Raw Materials $ 77,000

Direct labor cost $ 98,000

Manufacturing overhead $ 65,000

Total Cost of Manufacturing $ 240,000

Add Opening Work in process $ 23,000

Less Ending Work in process ($ 31,000)

Cost of goods manufactured $ 232,000

Not that Manufacturing overhead are included to the amount Applied in the Manufacturing Cost

5 0

3 years ago

The term monopoly refer most specifically to

Alisiya [41]

the exclusive possession or control of the supply or trade in a commodity or service.

8 0

2 years ago

In the framework of monopolistic competition, which of the following is not a possible outcome for a firm that runs a successful

castortr0y [4]

Answer:

The correct answer is A)

Explanation:

When products and or services are manufactured at a level that maximizes social welfare, allocative efficiency is said to have occurred.

A market system characterized as monopolistic competition may never achieve productive efficiency because firms often fix prices at a point higher than their marginal costs.

Marginal cost refers to the added cost incurred by producing or manufacturing one additional unit of a product.

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5 0

2 years ago

Both, current assets and non-current assets should be reassessed in order to determine the market value of a business. Group of

Igoryamba

It is True, that both, current assets and non-current assets should be reassessed in order to determine the market value of a business.

<h3>What are current assets and non-current assets?</h3>

Short-term assets, or those that can be swiftly sold and utilised for a company's urgent requirements, are known as current assets. Non-current Assets are long-term and have an operational life of over a year.
Cash, marketable securities, inventories, and accounts receivable are a few examples of current assets. Long-term investments, real estate, PP&E, and trademarks are a few examples of noncurrent assets.
Noncurrent assets are often valued at cost minus depreciation whereas current assets are frequently valued at market pricing.
Profits from the sale of assets held for more than a year are subject to capital gains tax (noncurrent assets).

To view more questions on market value, refer to : brainly.com/question/15148120

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7 0

1 year ago

Under what circumstance might you receive a tax refund from the IRS?

Softa [21]

This means that the tax you owe is less than what you paid for your taxes. Another circumstance is when you are entitled to tax credits. IRS stands of Internal Revenue Service. The circumstance in which you might receive a tax refund from the IRS if you have paid more in taxes than you owed for the year.

3 0

3 years ago