Aside from Direct Costs of Bankruptcy, a Firm May Also

question 91

Multiple Choice

Aside from direct costs of bankruptcy, a firm may also incur other indirect costs such as ________.

• A) loss of customers and loss of suppliers
• B) loss of interest receipts
• C) loss of dividend receipts
• D) increase in raw material costs

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Definitions:

Economic Roles

Functions and responsibilities assumed by individuals or groups within an economic system, including production, distribution, and consumption of goods and services.

Family and Medical Leave Act

U.S. legislation granting eligible employees unpaid, job-protected leave for family and medical reasons.

Limitations

Restrictions or constraints that limit the ability to perform an action or achieve a goal.

Discouraged Workers

Individuals who are not actively seeking employment because they believe no jobs are available for them or they are qualified for the jobs that exist.