Which of the following statements about Chapter 7 liquidations is true?

A) The debtor must disclose all of the property she owns and surrender this bankruptcy estate to the bankruptcy trustee.
B) The trustee takes all of the debtor's property and administers,liquidates,and distributes it.
C) Only individuals can file under Chapter 7.
D) If the bankrupt person follows all court orders,she is usually given a discharge,regardless of whether she was honest in her business transactions or not.

Sally agrees to sell Mary her old kitchen appliances for $3,000.Little does Sally know,Mary intends to use the appliances to cook methamphetamine.Mary paid $500 in cash and wrote a check for the remaining amount.The check bounced and Sally sued Mary to recover the remaining money.What is likely the result:

A) Sally is entitled to $2,500 because she was unaware of Mary's intention.
B) Sally is entitled to $2,500 because Mary is in possession if the appliances.
C) Sally is entitled to $2,500 because even if she knew of Mary's intention there was proper consideration.
D) Sally is entitled to nothing.

The importance of adapting your résumé to your target readers' needs and interests cannot be overstated. Adapting to your readers can mean ________.

A) customizing your résumé, sometimes for each job opening
B) putting their needs ahead of your needs
C) maintaining consistency and attention to detail
D) generalizing your experience to suit a variety of needs

In this approach to managing capacity,a firm purchases peak production so that internal production remains level and can be done cheaply.

A) Time flexibility from workforce
B) Use of subcontracting
C) Use of dual facilities-specialized and flexible
D) Use of seasonal workforce

Indirect materials are not charged to a specific job but rather are included in the
Manufacturing Overhead account.

As suggested, the aging populations in more developed countries will result in _____ health care costs and/but _____ in the size of the working population or labor pool.

A) increased; a reduction
B) increased; stagnation
C) steady; a decrease
D) nominal raises in; an increase