What is the means test? Provide an example of how it would be applied.
What will be an ideal response?
The means test is the basis for determining whether an individual is eligible for Chapter 7 bankruptcy. If the individual's income is more than the median income for his or her state, the individual is not eligible for Chapter 7 and must file for 13. Each student should provide an example stating the individual's income and the median income, followed by a determination of whether the debtor meets the requirement.
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Discuss customer intimacy. Why is it important? Provide an example of a company that successfully abides by this value discipline
What will be an ideal response?
Explain what makes a contract legally enforceable.
What will be an ideal response?
In the partnership, profit and loss distribution is determined by the partnership agreement.
Answer the following statement true (T) or false (F)
Nearly ________ percent of consumers use coupons on a regular basis.
A. 50 B. 80 C. 10 D. 90 E. 20