Which of the Following Debts Continue Even After a Bankrupt

question 58

Multiple Choice

Which of the following debts continue even after a bankrupt has been discharged?

• A) past maintenance for dependents
• B) secured loans
• C) judgment debts
• D) ordinary debt
• E) unsecured loans

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Definitions:

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment or project, calculated by subtracting the present value of cash outflows from the present value of cash inflows.

Sales Forecast

An estimate of the amount of sales that a company expects to achieve in a certain period.

Discount Rate

The interest rate used to discount future cash flow to its present value, reflecting the time value of money and risk of the cash flow.

Project Life

The total duration from the initiation to the completion of a project, covering all stages of development and execution.