When the bankruptcy trustee liquidates (sells and converts to cash) the debtor’s non-exempt assets, this fund of cash is called _____.
A. Priority
B. Bankruptcy estate
C. Fraudulent transfers
D. Schedules
Answer: B. Bankruptcy estate
Business
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A power of attorney can give someone you designate the power to make all of the following decisions except
A) sell stock in your portfolio. B) authorize expenditures to make your house suitable for you when you become incapacitated. C) decide who gets your coin collection after you die. D) select a nursing home for you to live in.
Business
In a just-in-time (JIT) environment, machines and workers are often rearranged into manufacturing cells
Indicate whether the statement is true or false
Business