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Author Question: Was revocation of PATCO's certification required by Section 7120(f) of Title VII of the Civil ... (Read 81 times)

Tazate

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Was revocation of PATCO's certification required by Section 7120(f) of Title VII of the Civil Service Reform Act?

Question 2

CPA QUESTION: Decal Corp incurred substantial operating losses for the past three years. Unable to meet its current obligations, Decal filed a petition of reorganization under Chapter 11 of the federal Bankruptcy Code. Which of the following statements is correct?
 a. A creditors' committee, if appointed, will consist of unsecured creditors.
  b. The court must appoint a trustee to manage Decal's affairs.
  c. Decal may continue in business only with the approval of a trustee.
  d. The creditors' committee must select a trustee to manage Decal's affairs.



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softEldritch

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Answer to Question 1

Revocation of PATCO's certification as exclusive representative of the controllers was not required by Section 7120(f). Section 7120(f) requires the FLRA to take some action, but it is discretionary whether revocation of the exclusive recognition status should be required.

Answer to Question 2

.A




Tazate

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


nathang24

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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