1/ Bankruptcy law is exclusively ___________ law.
Group of answer choices
state
federal
common
contract
2/ When an employer and a labor union are negotiating the terms of a new contract, the subject of wages is
Group of answer choices
permissive.
illegal.
unauthorized.
compulsory.
3/ A Chapter 13 bankruptcy requires a ___________ be filed no later than 90 days after an order for relief.
Group of answer choices
petition for discharge
bankruptcy estate
plan of payment
list of creditors
4/ A major benefit of a Chapter 11 bankruptcy for a partnership, LLC or corporation is that the debtor is given the opportunity to reject certain ____________ and unexpired leases.
Group of answer choices
executory contracts
executed contracts
discharged debts
fraudulent transfers
5/ A principal - agent relationship is different than an employer - employee relationship because often an agent is given ____________ and an employee is not.
Group of answer choices
benefits
a salary
independent contractor status
authority to enter contracts on the principal's behalf.
Q1 - Bankruptcy law is exclusively FEDERAL law.
Q2 - When an employer and a labor union are negotiating the terms of a new contract, the subject of wages is permissive
Q3 - A Chapter 13 bankruptcy requires a plan of payment be filed no later than 90 days after an order for relief.
Q4 - A major benefit of a Chapter 11 bankruptcy for a partnership, LLC or corporation is that the debtor is given the opportunity to reject certain executory contracts and unexpired leases
Q5 - A principal - agent relationship is different than an employer - employee relationship because often an agent is given authority to enter contracts on the principal's behalf and an employee is not.
1/ Bankruptcy law is exclusively ___________ law. Group of answer choices state federal common contract 2/...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...