Christian is filing for Chapter 13 bankruptcy, so he must sell his home and car and use the proceeds from this to pay off his debts on a 3-5 year repayment plan
Indicate whether the statement is true or false
FALSE
Explanation: Chapter 13 allows an individual to use proceeds from the sale of some assets, and pay off remaining debts with operating income through a 3—5 year repayment plan. This enables an individual to keep his or her home and potentially a car and other productive assets.
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To determine an unstated interest rate, divide the future amount by the present value then divide by the number of periods
Indicate whether the statement is true or false
What are the five communication mediums that a buyer uses to send nonverbal signals? Why should salespeople recognize such signals?
What will be an ideal response?
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Indicate whether the statement is true or false