Which of the Following Are True

question 42

Multiple Choice

Which of the following are true?

• A)A receiving order or a voluntary assignment will create a bankruptcy.
• B)A bankrupt can be fined for his actions leading to bankruptcy,and a "proposal" can stave off bankruptcy.
• C)Bankruptcy is a federal matter,and inspectors are appointed by creditors.
• D)Bankruptcy is a federal matter,and inspectors are appointed by creditors and a receiving order or a voluntary assignment will create a bankruptcy Todd could raise the Sale of Goods Act as a defence Although Tiny had no notice of the stoppage in transitu and it had bought the shipment in good faith for a reasonable price,nevertheless Tiny has no rights to the barrels since PlastiCo.would have had no rights to them,so Tiny cannot keep them unless it pays Natural.It can then recover the money it paid already to PlastiCo.
• E)All of the responses are true.

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Definitions:

Payback

A method to evaluate investments by calculating the time needed to recoup the original investment.

Discount Factor

A multiplier used in time value of money calculations to determine the present value of a future sum or cash flow.

Straight-Line

A method of calculating depreciation of an asset, whereby its cost is evenly spread over its useful life.

Cash Payback Period

The time it takes for a business to recover its investment in a project solely from cash flows, used to assess the risk or attractiveness of an investment.