When would someone be restricted from filing for bankruptcy?
A.if the debtor fails the asset test
B.if the debtor fails the income-liability test
C.if the debtor fails the credit-overloadtest
D. if the debtor fails the means test

Answers

Answer 1
Answer: Someone will be restricted to file for bankruptcy when the debtor fails the income- liability test. An income-liability test is when you will be able to pay your debt from your income. When income does not pay your liability to the bank, you will be restricted to file bankruptcy to your business.
Answer 2
Answer:

The correct answer is D


Related Questions

The skills needed for jobs in the ___________ revolve around interpersonal communication, reading, writing, and calculating.
Periods in which social change happens so rapidly that whole societies are dramatically redefined are called:riots.contagion theory eras.mass behavioral evolutions.social revolutions.the tragedy of the commons.
Shares of ABBO stock are currently selling for $14.43 a share. The last annual dividend paid was $1.61 a share, and dividends increase at a constant rate. If the market rate of return is 14 percent, what is the dividend growth rate
When economists measure opportunity cost to help determine the true value of economic decisions
Marginal benefit is A. the additional cost of producing one more unit. B. the additional benefit from consuming one more unit. C. a legally determined maximum price that sellers may charge. D. the difference between the highest price a consumer is willing to pay and the price the consumer actually pays.

A corporate manager chafes under red tape and bureaucratic regulations until finally deciding to start a separate business. The apparent reward he seeks is _________.a. the satisfaction of working with people.
b. a satisfying way of life.
c. community service.
d. independence.

Answers

Answer:

d. independence.

Explanation:

The corporate manager feels irritated or displeased and uncomfortable working under the company, as a result of the rigidity of formal rules as common in a typical bureaucratic business setting. This most likely must have hindered or limited the freedom of control of the manager. The apparent reward the corporate manager seeks by finally deciding to set up his own business is independence.

a network contractor reviews key performance indicators regarding the time taken to correct a fault and restore the system to full operation. what is the name of this process

Answers

The process of reviewing key performance indicators (KPIs) regarding the time taken to correct a fault and restore the system to full operation is commonly known as "Fault Resolution and Restoration Process" or "Fault Management Process."

This process involves tracking and analyzing data related to fault detection, response time, troubleshooting, and system recovery in order to ensure efficient and timely resolution of network issues.

By monitoring these KPIs, network contractors can assess the effectiveness of their fault management practices and make improvements as necessary.

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Which organization does not work for consumersFederal trade comission
Food and drug administration
Federal treasury
Better business bureau

Answers

Answer:

Which organization does not work for consumers

Federal treasury

Explanation:

The other three are consumer-focused.  But the Federal Treasury is a US government agency that advises government on fiscal matters.  It performs some law enforcement activities to help government enforce laws on fiscal policies.  It is also responsible for manufacturing the currency and postage stamps.  Finally, it has responsibility for the supervision of national banks in the United States.

Final answer:

The Federal Treasury does not directly work for consumers, unlike the Federal Trade Commission, the Food and Drug Administration, and the Better Business Bureau, which have focuses on consumer protection and advocacy. Option 3 is correct.

Explanation:

Out of the listed options, the (option-3) Federal Treasury is the organization that does not primarily work for consumers. The Federal Treasury is involved in the financial management of the government’s resources, including monetary policy, financial regulation, and economic policy. However, it does not have consumer protection as one of its primary goals. On the other hand, the Federal Trade Commission (FTC), the Food and Drug Administration (FDA), and the Better Business Bureau (BBB) all operate in capacities that are focused on consumer protection and advocacy.

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A mixed economy has strong elements of both __________ and __________ economies.A.
planned . . . traditional
B.
market . . . planned
C.
market . . . traditional
D.
planned . . . command

Answers

A mixed economy has strong elements of both market and planned economics. The correct option among all the options that are given in the question is the second option or option "B". Mixed economy has been defined in different ways by different people. This kind of economy became popular during the postwar period.

A mixed economy has strong elements of both "market" and "planned" economies.


Mixed economy alludes to the financial framework where the monetary exercises are coordinated by both private and the administration. At the end of the day, it is the market economy which is controlled by the legislature or the state. Mixed economy reflects attributes of both market and planned economy. At present, most genuine economies are mixed economy.  

Most mixed economies hold attributes of a conventional economy, however those customs don't control how the economy capacities.

As a unit of measure, money makes it easier for consumers to do what?

Answers

Money makes it easier to measure the value of commodities, goods, services, or anything that can be purchased for that matter.

Answer:

Money makes it easier to compare prices of different products.

Americans spend the largest portion of their budget on _____

Answers

Answer - Housing
  Americans' biggest expense is on housing. Low income families actually exhaust more proportionately on their shelter than high income families. Generally speaking, the average American family spends roughly one third of their annual budget on securing a roof over their heads.