Which of the following statements is TRUE?
A) Bankruptcy and insolvency is a subject within provincial jurisdiction and the individual's place of residence or business's head office will determine which province's Act applies.
B) Bankruptcy and insolvency legislation is aimed at an orderly and fair distribution of a bankrupt's assets as well as the possibility of saving an ongoing business.
C) Bankruptcy and insolvency legislation is aimed at giving honest but unfortunate debtors a fresh start.
D) Both B and C
E) All of the above
D
You might also like to view...
A manufacturing company's work sheet includes three inventory accounts
a. True b. False Indicate whether the statement is true or false
Managers should ensure that employees ________.
A. are given assignments that tie in directly with the ultimate purpose or mission and overall values or beliefs of the organization B. focus on attracting new customers rather than retaining current customers C. are assigned goals which are difficult to obtain in order to ensure maximum productivity D. communicate the internal problems of the organization to customers
Why is it important to understand the drawbacks of technology in the workplace?
a. to learn to avoid electronic communication whenever possible b. to understand that misinterpretation, employee surveillance, and information overload can hinder your professional excellence c. to make sure that no one has access to your personal information d. to create a workplace culture that is not greatly influenced by electronic communication
What is the basic premise of Barber’s prophetic analysis of the globalization of American business and culture?
a. US based interests will meet stubborn and deep-seated sources of local resistance, embedded in religious world views b. US based interests will dominate the world, ridding the world of any cultural, religious, political diversity c. US based interests will bring peace and democracy to previously undemocratic countries whose people are freedom-loving d. All of the above