A Chapter 13 plan of reorganization may include all but which one of the following?
A) Priority debts must be paid in full unless the debtor waives that right.
B) The trustee must control future wages.
C) Assets must be liquidated.
D) The rights of secured and unsecured creditors may be modified.
C
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After closing the temporary owners' equity accounts into Income Summary, and after allocating the net income and closing the partners' drawing accounts, assume the partners' capital accounts had credit balances as follows: Rhodes, $40,000; Serrata, $60,000; Shepard, $75,000 . Partners share profits and losses as follows: Rhodes, 20%; Serrata, 30%; and Shepard, 50%. If Shepard retired and withdrew
$85,000 in settlement of his equity and settlements are allocated according to capital interests, the amount entered in Rhodes' capital account would be a a. $4,000 debit. b. $4,000 credit. c. $6,000 debit. d. $6,000 credit.
Psychographic segmentation refers to the science of segmenting markets based on
A. behavior and demographics. B. psychology, demographics and personality. C. consumers' opinions, interests and attitudes. D. psychology and geography. E. consumers' income, age and behavior.
If, at a trial for employment discrimination, the employer offers a job-relevant rationale for the decision that was made that the plaintiff is claiming is in fact discrimination, the plaintiff must show that the employer's rationale is what is called a:
a. prima facie excuse b. constructive excuse c. pretext d. disparate e. differential
The linear cost estimate tends to understate the slope of the cost line in ranges close to capacity.
Answer the following statement true (T) or false (F)