Which of the following falls under Chapter 7 bankruptcy?

a. The debtor surrenders most property to a court trustee.
b. The debtor fails to file income taxes.
c. The debtor is relieved of obligations.
d. The debtor is arrested.


ANSWER: c

Business

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Most organizations offer ________ to encourage learning and attract the kinds of employees who wish to develop their knowledge and skills.

A. tuition reimbursement programs B. quarterly promotions C. pension plans D. paid vacations E. medical insurance plans

Business

The following is divisional information for Kingfisher Enterprises:


The target rate of return is 12% for the East Division and is 10% for the West Division.
Compute residual income for each division.

Business

Which of the four types of diversity face the most discrimination?

a. age b. gender c. race/ethnicity d. disability

Business

The major characteristic that is used to differentiate intermediaries from one another is whether they:

a. create specialization of labor. b. create economies of scale. c. raise profit margins for independent middlemen. d. take title to the products they sell.

Business