Which of the following statements is true of the Bankruptcy Code?

A. It is a federal law.
B. It is a provision of the Uniform Commercial Code.
C. It is both, a federal law as well as a state law.
D. It is a state law.


Answer: A

Business

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Assume the gross amount of an invoice is $1,000 and a trade discount of 25% is allowed. The dollar amount of the trade discount is

a. $1,000; b. $750; c. $250; d. $25; e. none of these

Business

The preliminary version of a prospectus is called a red herring

Indicate whether the statement is true or false.

Business

Health records usually are maintained in separate HR files, as is appropriate under:? A) ?Employee Assistance Program (EAP)

B) ?The Federal Health Insurance Portability and Accountability Act (HIPAA). C) ?Drug-Free Workplace Act. D) ?The Department of Health and Human Services' Office of Civil Rights 2002 Guidelines.

Business

Often used interchangeably with the term vision, a(n) ________ frequently has a meaningful theme and a long-term orientation.

A. business definition B. marketing plan C. mission statement D. customer value proposition E. point of difference

Business