In a Chapter 11, a trustee is chosen only if the debtor is incompetent or uncooperative

Indicate whether the statement is true or false


true

Business

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Voyage Boat Company manufactures 100 luxury yachts per month. A compact media center is included in each yacht. Voyage Boat manufactures the media center in-house but is considering the possibility of outsourcing this function. At present, the variable cost per unit is $280, and the fixed costs are $42,000 per month. Aaron Dalton, the CEO, wishes to increase operating income by $3000. He has an offer from a foreign producer to provide the media centers at a contract cost of $350 per unit. The required savings in fixed costs in order to achieve his objective would be ________.

A) $3000 B) $7000 C) $10,000 D) $28,000

Business

Briefly discuss how companies are adapting to the paradigm shift of the wired world

What will be an ideal response?

Business

Ed wants to give Howard his old car, but Howard says he doesn't want it. Howard later reconsiders and tells Ed he does want the car. His previous repudiation means there is no gift, and Howard has no rights in the car

a. True b. False Indicate whether the statement is true or false

Business

Define the term insurtech and give an example of an insurtech company.

What will be an ideal response?

Business