Karen has filed for bankruptcy. Who has the authority to confirm or reject a plan of payment, and what factors will be considered when deciding whether to approve a repayment plan under Chapter 13?
The court has the sole authority to confirm or reject the plan of payment. Creditors have no voting rights. However, the court will ensure the following:
? the creditors have the opportunity to voice their objections at a hearing.
? all of the unsecured creditors receive at least as much as they would have under a Chapter 7 filing.
? the plan is feasible and the bankrupt will be able to make the promised payments.
? the court must have a good reason to allow a plan to extend beyond three years and in no event can it last longer than five years.
? the debtor is acting in good faith, making a reasonable effort to pay obligations.
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Which statement is NOT true of the BRICS countries?
A. They are five major emerging economies in the world: Brazil, Russia, India, China, and South Africa. B. The BRICS countries are home to 40 percent of the world's population. C. In recent years, growth in China has slowed, and it is gradually losing its exist cheap labor pool. D. The BRICS countries have joined together to form a trading bloc. E. A key advantage for India in the world economy is the fact that it has a large English-speaking population.
When training waitstaff on upselling drinks and desserts, the best measure of training effectiveness is ______.
a. Content mastery b. Participant reactions c. Behavioral change d. Organizational performance
A personal moral philosophy that focuses on the greatest good for the greatest number by assessing the costs and benefits of the consequences of ethical behavior is referred to as ________.
A. socialism B. existentialism C. utilitarianism D. moral idealism E. hedonism
The clientele effect hypothesis that has been proposed to explain how dividend policies affect stock prices suggests that a firm's dividend policy can provide information about management's behavior with respect to wealth maximization.
Answer the following statement true (T) or false (F)