What is a Chapter 7 discharge?
A) The termination of the legal duty of an individual debtor to pay both secured and unsecured debts before he or she is granted a court trial.
B) The termination of the legal duty of an individual debtor to pay unsecured debts that remain unpaid upon the completion of a Chapter 7 proceeding.
C) The cancellation of all debts of a debtor that remain unpaid upon the completion of a Chapter 13 proceeding.
D) An instruction to the debtor to propose a plan to pay all or a portion of the debts he or she owes in installments.
B
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The ____________________ is the amount to be paid to the bondholder at maturity
Fill in the blank(s) with correct word
Realized capital gains are
A. increases in the value of a firm that occur because a firm has retained earnings that are exempt from corporate profits taxes. B. capital gains that are owned by foreigners. C. capital gains that an investor receives from actually selling stock. D. capital gains that have been accrued but not yet received because the stock has not been sold.
Which one of the following is not one of the three business activities as shown in statement of cash flows?
A) Financing B) Operating C) Investing D) Measuring
In a report, when you want to visually display the relationships between parts and a whole, you should use a:
A. pie chart. B. histogram. C. line graph. D. flow chart.