Minors can appoint an agent without court approval
Indicate whether the statement is true or false
FALSE
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________ liquidates the debtor's property to repay creditors and discharge the debts.
A. Chapter 13 B. Chapter 11 C. Chapter 7 D. Chapter 12
What type of contract is a possible remedy for an injured plaintiff in a case with no valid contract, when the plaintiff can show benefit to the defendant, reasonable expectation of payment, and unjust enrichment?
A)an express contract B)an implied contract C)a quasi-contract D)a unilateral contract
Answer the following statement(s) true (T) or false (F)
1. The transportation simplex method can be used to solve the assignment problem. 2. The transportation simplex method is limited to minimization problems. 3. For an assignment problem with three agents and four tasks, the assignment matrix will have three rows and four columns. 4. The transportation simplex method can be applied only to a balanced problem; if a problem is not balanced, a dummy origin or dummy destination must be added. 5. In assignment problems, dummy agents or tasks are created when the number of agents and tasks is not equal.
What are free assets?
A. Assets available to be distributed to stockholders. B. Assets available to be distributed for liabilities with priority and for other unsecured obligations. C. Assets for which net realizable value is greater than historical cost. D. Assets for which no market exists. E. Assets for which replacement cost is greater than historical cost.