Which of the following statements is FALSE?
A) a receiving order transfers the assets of the debtor to the Trustee in Bankruptcy
B) if a partnership goes bankrupt the partners are not individually petitioned into bankruptcy
C) bankruptcy districts across Canada each have an official receiver the trustee in bankruptcy deals with
D) consumer proposals are almost as common as consumer bankruptcies in Canada
E) a Division 2 proposal can be used by individuals who owe less than $250,000
B
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The Securities Exchange Commission (SEC) has oversight and enforcement authority over the Public Company Accounting Oversight Board (PCAOB)
Indicate whether the statement is true or false
Of the competing values framework, ___________ culture exhibits a combination of stability and an internal focus.
a. Hierarchy b. Adhocracy c. Market d. Clan
Cross-border flows of corporate investments such as purchasing or establishing foreign subsidiaries and joint ventures is called:
A. International trade B. Foreign direct investment C. International investment D. Indirect foreign investment
The IRR of normal Project X is greater than the IRR of normal Project Y, and both IRRs are greater than zero. Also, the NPV of X is greater than the NPV of Y at the cost of capital. If the two projects are mutually exclusive, Project X should definitely be selected, and the investment made, provided we have confidence in the data. Put another way, it is impossible to draw NPV profiles that would suggest not accepting Project X.
Answer the following statement true (T) or false (F)