If a person's debts are subject to a Chapter 7 discharge, what does it mean?

A) that he or she needs to repay only unsecured debts
B) that he or she needs to repay only secured debts
C) that he or she needs to pay his prepetition debts with his postpetition income
D) that he or she need not repay the debt


D

Business

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Which of the following best represents the chief advantage of pursuing a selective specialization multisegment strategy?

A) It makes the company almost bulletproof to competitors' actions. B) It diversifies the firm's risk. C) It creates synergy between markets. D) It is a low-cost strategy. E) It treats all buyers the same and, therefore, lowers promotion costs.

Business

Which of the following statements about a just-in-time operating environment is true?

a. Simplicity and quality are good, but inventories and nonvalue-adding activities are not. b. Inventories are necessary to support the production function. c. Just-in-time is based on push-through production concepts. d. Just-in-time is based on the scientific management principles established by F.W. Taylor.

Business

A ________ is a distinct form of draft drawn on a financial institution and payable on demand

A) promissory note B) check C) deed D) letter of credit

Business

Tangibles in the service sector include ______.

a. the physical features of the service facility b. the price of the service c. the packaging d. the speed of delivery

Business