What is a cram down?
A. An agreement about the total amount of money to be reserved to pay creditors who have priority.
B. The bankruptcy court's confirmation of a reorganization even though a class of creditors or stockholders did not accept it.
C. The filing of an involuntary bankruptcy petition, especially by the holders of partially secured debts.
D. The court's decision as to whether a particular creditor has priority.
Ans: B. The bankruptcy court's confirmation of a reorganization even though a class of creditors or stockholders did not accept it.
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What will be an ideal response?
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Adapting A Message To Different Audiences You have borrowed your boss's car to meet an important client for a working lunch. You are running late for the meeting, so you take an alternative route. You are going a little over the speed limit, and it is
drizzling. As you try to stop at an intersection, you realize that the brakes of the car are not functioning. You slide about 8 feet into the intersection. Before you can do anything, you are hit on the passenger's side. It looks like you may miss lunch altogether. In small groups, consider the previous details and consider how you would relay the information to one of the following audiences assigned to you. Although you may emphasize or de-emphasize certain information or change the order of things, you should not substantially change the basic facts. Also, indicate the channel or medium you may want to select, depending on the audience. Your boss Your co-worker who has been in three accidents during the past year A co-worker who thinks you are a trouble maker A police officer who asks you to recount the events An insurance agent who will be adjusting your rates A lawyer representing you in court and needs to know all the facts A significant other who is behind you and supports you no matter what In a role play situation, retell the story to your assigned audience.
Avoid dismissing a topic simply because it's uninteresting or not presented in an exciting way
Indicate whether the statement is true or false