Bankruptcy is considered a last resort because it stays on someone’s record for one to four years. four to seven years. seven to ten years. eleven to fourteen years.

Answers

Answer 1
It should stay on for 10 years so I believe the answer would be 7-10 years
Answer 2

Bankruptcies remain on a consumer's credit report for ten years after they are filed. As a result, option (c) is the proper response.

What is bankruptcy?

Bankruptcy is a legal process that can appear on your credit reports for up to ten years after your debts have been cleared and the bankruptcy has been finalized.

The bankruptcy will automatically be removed from your credit report after seven or ten years.

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Related Questions

What type of contract is created by an agreement that is oral when it is required by the Statute of Frauds to be in writing?

Answers

The type of contract created by an agreement that is oral when it is required by the statute and required in writing is: legally voidable contract.

What is a Contract?

A contract is a legal agreement that binds individuals or groups. It defines and governs the mutual rights and obligations of the parties involved.

In a Legally voidable contract, the parties involved create an agreement orally especially when it is required by the statute of fraud. Although contracts that fall outside the statute need not be in writing.

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When a manager creates a budget that is too easy to attain, ______ occurs.

Answers

Answer:

Explanation:

budgetary slack

True or false? When creating a budget to repay your student loans, you can
save money by paying only the interest.
O True because paying only the interest reduces the length of the loan and
reduces the total amount you pay in the long-term
True because paying interest means monthly payments will be small
O False because it is not possible to only pay the interest,
O False because paying only interest lengthens the life of the loan and increases
the total amount you pay in the long-term.
Next →
Sign out

Answers

The correct answer choice is; True, because paying only the interest reduces the length of the loan and reduces the total amount you pay in the long-term.

Paying off Student Loans

It follows from study that; while paying off student loans, it usually pays off to pay the interest first. On this note, it follows that the principal of the loan remains constant and hence, compound interest is avoided and consequently, the total amount you pay in the long-term is reduced.

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One of the principles of hierarchy is a clear ______ chain of command.

Answers

Answer: One of the principles of hierarchy is a clear vertical chain of command.

Hope this helps!

A city spent $2 million to build a pedestrian bridge that has proved unsafe. The city can repair this bridge or demolish it and build a new one. If the resulting bridge would be equally attractive and useful either way, how should the $2 million already spent factor into the city's decision?

Answers

The city should ignore the $2 million, since either way it has already been spent.

What is sunk cost?

Sunk cost is a cost that has already been incurred. It means that the amount has already been spent. Cost that has already been incurred should not be considered when making future economic decsions.

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According to Baumrind, which type of parents place firm limits and controls on their child, allows little verbal exchange, and might show rage toward their child

Answers

The type of parents place firm that place limits and controls on their child and allows little verbal exchange is authoritarian.

What is authoritarianism?

Authoritarian serves a kind of control whereby the parents posses the total control over their child.

In this kind of parents place firm, there is always a way to check the activities of the children to avoid bad influence.

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Alpha associates was organized on january 1, year 1. Alpha was organized as a corporation. Alpha reported $200,000 of before tax income during year 1 and paid a $30,000 cash dividend to its stockholders. Assuming a corporate income tax rate of 30% and a personal income tax rate of 15%, the total amount of tax collected by the government is.

Answers

Explanation:

GIVEN DATA:

Alpha reported =  $200,000

withdrew = $30,000

corporate income tax rate = 30%

personal income tax rate = 15%

SOLUTION:

we get here total amount of tax collect as

total amount of tax collect = Alpha reported amount × personal income tax rate  ...............1

put here value

total amount of tax collect = $200,000 × 15%

total amount of tax collect = $30,000

here no corporate  tax required  and partner is taxed on share of total partnership income regardless of amount withdrawn

so the correct answer is $30,000

What remarketing audiences cannot be defined by default?.

Answers

Answer:

When a report is based on data from a large number of sessions you may see the following notice at the top of the report.This report is based on sessions.You can adjust the sampling.

Explanation:

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After submitting a résumé by mail, how long should you wait before following up with an employer?.

Answers

Answer: one to two weeks

Relative to the u. S. Constitution, the texas constitution is – and adopts a tone of – governance.

Answers

Answer:

longer ; limited

Explanation:

Assume laura has a managing board that includes members from the jojo maman bebe sales, operations, and finance departments. Based solely on this information, what type of team would this most likely be?.

Answers

Based on this information, they would be considered a cross functional team, made up of professionals from different specializations.

What is a cross functional team?

It is a group of people with different but complementary professional experiences and skills who work for a shared goal.

The members of this type of team have and contribute different academic backgrounds that nurture the group, in addition to each one having a very different profile and an experience that enriches the whole.

Therefore, we can conclude that based on this information, they would be considered a cross functional team, made up of professionals from different specializations.

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Select all that apply Which of the following budgets are directly based on information from the sales budget? Multiple select question. Direct materials budget Production budget Direct labor budget Selling and administrative expense budget

Answers

The budgets that are directly based on information from the sales budget include:

Production budget.Selling and administrative expense budget.

What is a sales budget?

It should be noted that a sales budget simply means a financial plan that estimates the revenue for a particular period.

In this case, the production budget and selling and administrative expense budget are based on sales budget.

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What is the advantage of displaying data in a graph rather than just listing data in a table?.

Answers

Answer:

✒️Answer:

Because of their visual nature, they show the overall shape of your data. This is when you should use graphs instead of tables: The message is contained in the shape of the values (e.g. patterns, trends, exceptions). The display will be used to reveal relationships among whole sets of values.

Explanation:

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Michael’s personal property in his college dorm room is insured by an endorsement on his parents’ homeowners insurance. The deductible is $2,000. A flood destroys Michael’s textbooks, which cost $570.93 tablet computer, which cost $868.91 backpack, which cost $141.37 and clothing, valued at $500. How much of the loss will the insurance policy not cover?

Answers

Answer:

81.21.

Explanation:

all you would need to do is add up all the values then subtract 2000.

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Wages are defined as ______. a) financial rewards based on the number of hours the employee works or the level of output achieved b) a form of compensation whereby a percentage of company profits is distributed to the employees whose work helped to generate them monetary rewards offered by companies for exceptional c) performance as incentives to further increase productivity an incentive system that pays a fixed amount or a percentage of the employee's sales

Answers

After every service rendered, there is a payment for it. when it is hourly, it is termed wages, when it is monthly, then, it is called salary.

Wages are defined as ______. a) financial rewards based on the number of hours the employee works or the level of output achieved

Wages

Wages a payment usually of money for labor or services usually according to a contract and on an hourly, daily, or piecework basis.

Therefore, the it refers to rewards based on the number of hours the employee works or the level of output achieved.

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Elasticity measures the responsiveness of Multiple choice question. one variable to changes in another. one variable to changes in many other variables. many variables to changes in many variables. many variables to changes in one variable

Answers

One variable to changes in another

Elasticity measures the responsiveness of one variable to changes in another. The correct option is A.

What are the measures of elasticity?

The price of the commodity, the price of related goods, and consumer income are the three quantifiable factors that determine demand and are used to calculate its elasticity. Price, cross, and income elasticities of demand are the three types of elasticities of demand.

The degree to which the quantity of a good is demanded in response to a change in its price is known as its elasticity of demand. The formula for calculating it involves dividing the proportionate change in quantity demanded by the proportionate change in the price level.

Elasticity is a measure of a variable's receptivity to changes in another variable. Elasticities are unitless, so you can measure the underlying variables in any way you like and they won't affect the elasticity. Elasticity and slope are not the same.

Thus, the ideal selection is option A.

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When using the four-step process for organizing creative thinking, which step involves ideas beginning to flow?

Answers

Th illumination stage is the stage at which the ideas from creative thinking began to flow.

What is a creative thinking?

This refers to a thinking process that is intented to gain a new insights and different ideas through existing information

The stages of the creative thinking includes:

PreparationIncubationIlluminationEvaluationVerification

In conclusion, the illumination stage is the stage at which the ideas from creative thinking began to flow because the ideas are been illuminated from the mind.

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Among the four-step process for organizing creative thinking, the step of thinking which involves ideas beginning to flow is the Illumination.

What is a creative thinking?

The Creative thinking is defined as the thinking procedure that is intended to obtain a fresh perception and different ideas through existing information.

These behaviors can assist companies in developing services, products and other offers that set them apart from their competition.

Stages of Creative thinking:

There are Four stages of the creative thinking:

   Preparation    Incubation    Illumination    Evaluation

Therefore, illumination phase is the phase at which the thoughts from creative thinking start out to flow because the thoughts are being illuminated from the mind.

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Which form do independent contractors receive from clients to verify income
received during the year?
a. w-2
b. w-4
c. 1040
d. 1099

Answers

Answer:

1099

Explanation:

got it right

Answer:

D.1099

Explanation:

A government institutes new measures in an attempt to limit inflation. To what macroeconomic goal is this action most directly related

Answers

When the government institutes new measures in an attempt to limit inflation, the macroeconomic goal it is directly related to is C. Stable Prices.

What is a macroeconomic goal?

A macroeconomic goal is an achievement that an economy attains in order to maximize the standard of living of the people and achieve stable economic growth.

There are four macroeconomic goals, including:

Economic Growth Economic Stability Full employment Stable financial market.

The macroeconomic goals are supported by the following objectives:

Minimizing unemploymentIncreasing productivityControlling inflation.

Answer Options:

A. Equity

B. Efficiency

C. Stable Prices

D. Full Employment

Thus, when the government institutes new measures in an attempt to limit inflation, the macroeconomic goal it is directly related to is C. Stable Prices.

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Eloise, the director of Human Resources at her organization

Answers

Since Eloise is working to determine its human resource needs for the next five years, her first course of action is: assessing the future labor supply.

What is Human resources management?

Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.

This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.

In conclusion, Eloise's first course of action is assessing the future labor supply for her organization.

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Complete Question:

Eloise, the director of human resources at her organization, is working to determine its human resource needs for the next five years. Eloise's first course of action is?

Planning , using a five step process.

Suppose that monetary neutrality and the fisher effect both hold. An increase in the money supply growth rate increases.

Answers

Any increase in the money supply growth rate will increase the inflation rate and nominal interest rates if the monetary neutrality and the fisher effect both on hold.

What is monetary neutrality?

The theory holds that the changes in the money supply only affect the general prices, but not overall economic productivity.

What is the fisher effect?

The effect explains the relationship between inflation and real & nominal interest rates.

In conclusion, if the monetary neutrality and the fisher effect both hold, then, any increase in the money supply growth rate will increase the inflation rate and nominal interest rates

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How do trade agreements of international organizations affect trade? by incentivizing the development of trade policies by eliminating tariffs and taxes on imports and exports by encouraging countries to provide open access to trade by helping smaller countries compete in the world market

Answers

A trade agreement (sometimes known as a trade pact) is a comprehensive tax, tariff, and trade treaty that frequently contains investment guarantees.

What are the benefits of international trade and agreement?

Some of the advantages of a trade agreement include reduced tariff barriers, increased exports, economies of scale, increased competition, use of surplus raw materials, and so on. These are some of the benefits gained by international traders as a result of trade agreements.

Thus Option C is correct about the trade agreement.

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Answer:

How do trade agreements of international organizations affect trade?

by incentivizing the development of trade policies

by eliminating tariffs and taxes on imports and exports

by encouraging countries to provide open access to trade  The answer

by helping smaller countries compete in the world market

When a car veers off the road such that the left front wheel goes off the pavement into the gravel before the right wheel, what will happen to the car, and why?.

Answers

The car will tend to turn to the left because the left wheel hits the gravel first and slows down before the right wheel.

What is Wheel?

This is defined as a circular component that is intended to rotate on an axle bearing.

The car will turn to the left as a result of the right wheel covering a greater distance thereby causing the car to turn to the left.

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Percy’s GPA is 2. 75, so he should list it on his résumé. Please select the best answer from the choices provided T F.

Answers

The given statement that GPA of Percy is 2.75, so he should list it on his resume, is the false statement.

What is GPA?

The full name of GPA is the Grade Average Point. A GPA is the sum of all of the individual grade points earned throughout the degree program.

Graduate students are often obliged to have a certain GPA.

At the time of filling out a resume, there are several basic and necessary questions that a person should consider in order to meet the criteria that the client is searching for.

In terms of GPA, Percy's is comparable. It is not appropriate to include it on a resume unless specifically requested or required. Most of the time it isn't required, thus the given statement is false.

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Answer: False

Explanation:2.75 gpa is bad

The presence of which magnetic feature best explains why a magnet can act at a distance on other magnets or on objects containing certain metals? fields dipoles domains forces.

Answers

The presence of "fields" magnetic feature best explains why a magnet can act at a distance on other magnets or on objects containing certain metals.

What is the term magnetic fields about?

The magnetic forces exerted by the magnet can act at a distance on other magnets or on objects containing certain metals.

The magnetic fields showcase the presence of magnetic forces. The magnetic forces arise due to attraction and repulsion of the poles inside the material.

Moreover, Opposite poles attract each other while similar poles repel each other.

Therefore, correct option is A.

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Answer:

answer is A. fields

Explanation:

edge 2022 I took the test

Measuring performance relative to planned objectives and standards is part of:.

Answers

Measuring performance relative to planned objectives and standards is part of controlling.

What is controlling?

Controlling helps to manage, supervise or oversee a given task or assignment.

It helps to measure how far or well a given task has been done relative to the target.

Therefore, Measuring performance relative to planned objectives and standards is part of controlling.

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View filters may be applied retroactively to any data that has been processed.

Answers

View filters van be applied retroactively to processed data. Therefore, it's true.

What is data?

It should be noted that data simply means the facts and statistics that are collected together for reference or future analysis.

In this case, view filters may be applied retroactively to any data that has been processed.

In conclusion, it's true.

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The world of global logistics can be rather complex. As a result, companies sometimes need assistance in moving their products around the world. Suppose ford, an american company, manufactured cars in the usa but was going to send them to italy. What type of logistics intermediary is instrumental in helping ford create a logistics plan to get their cars out of the united states?.

Answers

The type of logistics intermediary that will be instrumental in helping Ford to create a logistics plan to get their cars out of the United States into Italy is E. Freight Forwarder.

Who is a Freight Forwarder?

A freight forwarder is a company that acts on behalf of importers, exporters, or other companies to ensure the safe, efficient, and cost-effective movement of goods, especially outside the exporter's country.

The logistics intermediary that will create a logistics plan for Ford is not a Longshoreman, Dispatcher, Customs house broker, FTZ, Customs agent, or Incoterm.

Answer Options:

A. Longshoreman

B. Dispatcher

C. Customs house broker

D. FTZ

E. Freight Forwarder

F. Customs agent

G. Incoterm

Thus, the type of logistics intermediary that will be instrumental in helping Ford to create a logistics plan to get their cars out of the United States into Italy is E. Freight Forwarder.

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Describe two major perspectives on the role information systems play in supply chain management activities.

Answers

Answer:

Information management systems have the potential to change organizations and promote the emergence of new businesses. Their main goal is to enhance information flow and facilitate the decision making process. An information management system is one of the few elements of supply chain that can offer both improved performance and lower cost.

When it comes to credit scores, why is having a thin file not an asset?.

Answers

The possession of a credit thin file is a liability and not an asset because its does not allows lender to access your credit worthiness which makes it hard to obtain loans or credit.

What is a credit scores?

A credit score serves an a finacial tool that helpt to tells about someone's creditworthiness.

Normally, the higher the credit score, the higher the rate of repayment of credit.

Hence, these credit score are used by lenders to decide whether to borrow, extend or deny credit for a borrower.

However, having a thin file is not considerd an asset in credit scores because its does not let us know the willing borrower's repayment history of credit.

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Other Questions
Help assappp Line L is a line that passes through (-4,5)and is parallel to the line described byy-7=-2(x+1). Write the equationof line l in point-slope form Calculate the pOH for a solution with a hydroxide ion, (OH-) of concentration of 6.49 X 10-11 M.Calculate the pH.Note: the answers should have three significant figuresThe pOH is: Blank 1The pH is: Blank 2 True or false: The inventory method selected by management does not have to correspond to the physical flow of goods to be in accordance with GAAP. Consider the twostep synthesis of 2hydroxy2,4dimethylpentanoic acid using the reagents provided how do forensic scientists recover writing from a burned document? Which statement describes how George W. Bush's approach to foreign policy changed after the September 11th attacks?A. He became more willing to engage in nation-building.B. He provided aid to groups that fought communism.C. He became more restrained with other countries.D. He shifted his focus to prior international commitments. Please answer the question down below According to the USDA, how much protein should a teen eat on a daily basis?12 ounces , 78 ounces ,56 ounces 34 ounces A. Change to Percent. Show your work.1. 5.5 = _____2. .75 = _____3. .09 = _____4. 5 1/2 = ___5. 3/4 = _____B. Change to Decimal1. 2% = _____2. 75% = _____3. 1/2 = _____4. 1/2 % = _____5. 3 2/5 = _____ The measure of an angle is 74.4. What is the measure of its complementary angle? Given that V=1,3,4,2 and W= 6,4,7,2 then VW isSelect one:ofO 40 1,3,6,7O 20 2,4 cos(theta)+1 / tan^2(theta) = cos(theta) / sec(theta) - 1 Exercise 7 In your English class, you have had a discussion about whether governments should spend money on exploring space. Here are two comments from students in your class: We might need to live on another planet in the future! Think how much money it costs! Write an article for your teacher, giving your views. The comments above may give you some ideas, and you should try to use some ideas of your own. Your article should be between 150 and 200 words long. You will receive up to 10 marks for the content of your article, and up to 9 marks for the style and accuracy of your language. Write the linear inequality shown in the graph. The gray area represents the shaded region.x > 3y 3y > 3x 3 read the following passage: "angry residents are demanding that the city ban ride-sharing scooters, calling them a dangerous nuisance that makes getting around town harder instead of easier. they claim that riders run into pedestrians on the sidewalks and ignore traffic laws on the streets. renters abandon the machines carelessly when they get to their destination or the batteries run out, blocking doorways and footpaths. hospitals and clinics report a spike of scooter-related fractures, dislocations, and other injuries." the main idea of the reading is that people want scooters banned for being dangerous nuisances. which option is a detail used to support this idea? hospitals are training doctors to treat scooter-related injuries. scooters on the sidewalk collide with walkers.scooters have a short battery life.scooters are expensive. What is the area?2 yd8 yd5 yd How much of a radioactive substance must be presented to decay to 80 grams in 12 years if the half-life of the substance is 7.6 years? 3x - 12y = 6x - 4y = 2solve by elimination Help ASAP. i need you to please break it down ive tried and just don't understand Q13A man has a flight at 19:15 on Thursday. He must arrive at the airport 2 hours before this time tocheck in.He needs to know what time he should leave home.He will park his car at the airport car park and it will take 15 minutes to get to the check in counter.The distance from his house to the airport is 90 miles.He will drive at an average of 60miles per hour.