An individual must complete credit counseling from a nonprofit budget and credit counseling agency to avoid having his bankruptcy petition dismissed.
Answer the following statement true (T) or false (F)
True
Under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, an individual may not be considered a debtor under any chapter unless within 180 days before filing, he or she receives credit counseling from a nonprofit budget and credit-counseling agency.
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Kelly works as a sales representative at Ginner Machine Works. She uses the phone and the Internet to identify prospects and make sales. Kelly calls customers and explains the products offered by Ginner and the advantages of using them
If requested, she also mails the customer product information brochures. Which of the following is most likely Kelly involved in? A) outside selling B) technical sales support C) telemarketing D) research and administrative backup E) field sales
Cash received from the issuance of notes payable is a(n) ________ activity on the statement of cash flows.
A) non-cash investing and financing B) financing C) operating D) investing
As the desired capacity cushion increases, the processing hours required for a year's demand decrease
Indicate whether the statement is true or false
To pierce the corporate veil means to ignore the corporate structure, exposing the shareholders to personal liability
a. True b. False Indicate whether the statement is true or false