Overall benchmarking can be broken into two major processes: the external review process and the internal review process
Indicate whether the statement is true or false
FALSE
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The _______ is the standard an individual must meet in order to file for Chapter 7 bankruptcy.
A. length of time of debt B. means test C. threshold level of debt D. attempts to repay under Chapter 13
Negotiators can use common sales tricks such as coupons or "today only" sales, but they advised not to use such tactics.
Answer the following statement true (T) or false (F)
Which of the following questions is a part of the analyzing stage of the ACE process for delivering bad news?
A) Have I avoided legal complications? B) Is the bad news stated clearly and sensitively? C) Should I include an apology? D) Should I begin with the bad news or lead up to it? E) How can I clearly phrase the bad news?
A trustee can void any transfer that meets all of the following requirements EXCEPT
a. if the transfer was to a creditor of the debtor. b. if the pre-petition payment made in the ordinary course. c. if the transfer was used to pay an existing debt. d. if the debtor's liabilities exceeded assets at the time of the transfer.