Kofi files a petition for bankruptcy. Kofi must include with the petition
A) a plan to turn over his future income to the trustee
B) a certificate proving attendance at a credit-counseling briefing.
C) a provision of adequate means for the petition's execution.
D) a statement of preference for one creditor over another.
B
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Sue Gray wants to invest a certain sum of money at the end of each year for five years. The investment will earn 6% compounded annually. At the end of five years, she will need a total of $40,000 accumulated. How should she compute her required annual investment?
a. $40,000 times the future value of a 5-year, 6% ordinary annuity of 1. b. $40,000 divided by the future value of a 5-year, 6% ordinary annuity of 1. c. $40,000 times the present value of a 5-year, 6% ordinary annuity of 1. d. $40,000 divided by the present value of a 5-year, 6% ordinary annuity of 1.
Decision paralysis occurs when leaders fail to execute a crisis communications plan in a swift manner, such as during the shootings at Virginia Tech
Indicate whether the statement is true or false