In Chapter 11, the court has two mechanisms to implement an optimal bankruptcy outcome:
a. the right to extinguish any claim, and the use of a restricted auction.
b. the right to extinguish any claim, and restrictions on bargaining between claimants.
c. restrictions on bargaining between claimants, and the threat of fines.
d. restrictions on bargaining between claimants, and the use of a restricted auction.
D
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Maia wrote a check which said, "Pay to the order of Kevin Mathews $10.97.". The next line of the check stated, "One thousand ninety-seven Dollars.". In applying the rules of interpretation, how much should the drawee pay?
a. Nothing; when the instrument is ambiguous it is declared non-negotiable. b. Ten dollars and 97 cents. Numbers control over words. c. One thousand, ninety-seven dollars or $1,097.00 . Words control over numbers. d. Parol evidence would be needed to determine the purpose of the check.
Pierre Omidyar saw the opportunity that led to eBay when he linked three items: (1) a personal fascination with creating more efficient markets, (2) the desire of his fiancée to locate hard-to-find collectible Pez dispensers, and (3) the ineffectiveness of local classified ads in locating such items. This is an example of which innovator DNA trait?
A. networking B. associating C. experimenting D. questioning
Answer the following statement(s) true (T) or false (F)
There are two types of succession pressures: family members and nonfamily employees.
These are all routine processing activities that can be implemented with a database system, EXCEPT ____.
A. Organizations of all sizes have to pay their employees B. A small business needs to send out bills quickly to maintain a healthy cash flow C. A manufacturing company needs to pay its suppliers for parts and raw materials D. A corporation needs to decide on its business strategies for the year