9.
Chapter 13 bankruptcy
a. is available to corporations.
b. is available to partnerships.
c. permit a business to reorganize
while paying its debts.
d. is available to individuals.
e. a and c.
10. A secured creditor is one who
a. does not back a loan with the
debtor’s property.
b. has the ability to take the
debtor’s property to satisfy the debt.
c. does not have the ability to take
the debtor’s property to satisfy the debt.
d. uses...
Please Answer the following questions, USA based1) What is the difference between Real Property and Personal
Property?2) Name and Explain one Classification of Estates?3) What is a Mechanics Lien?
Explain the difference between real property and personal
property. What is a fee simple? List and define the other ways in
which ownership rights in property can be held.
What are the similarities and differences between personal
property, real property, intangible property, and natural
resources? Provide one example of each. Describe the cost recovery
method used for each type of asset. The Modified Accelerated Cost
Recovery System (MACRS) uses a recovery period method and a
convention to depreciate tangible personal property. Why are a
recovery period and a convention important in calculating
depreciation?
Describe the two terms: personal property and real property, and
would be visual examples for each. Define the types of personal
property and the types of real estate ownership. Explain the
procedures for acquiring each type of property. Explain the
procedures for transferring each type of property. Provide one
legal tip related to personal property and one legal tip related to
real property that are important to know but people might not be
aware of. Add one statistics related to...
Classify each of the following types of property as either real
(R), personal-tangible (PT), or personal-intangible (PI):
a. Inventory
b. Timber
c. Apartment Building
d. Certificate of Deposit
e. Company Car f. Duplex
Discuss the concept of a security interest in personal property,
as what is it, how is it perfected? Next discuss why it is
important for businesses who engage in the sale of personal
property to protect their interests in that property as what are
the dangers if a business fails to perfect security interests in
the property it sales? How and why do third parties have security
interests in personal property?
Business Law... Please help...