« previous next »

Author Question: Which of the following sections of the federal bankruptcy laws deals with consumer debt adjustment ... (Read 36 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
on: Jun 24, 2018
Which of the following sections of the federal bankruptcy laws deals with consumer debt adjustment plans?
 A) Chapter 7
 B) Chapter 11
 C) Chapter 13
 D) CRO provisions

Question 2

Explain the concept of double taxation in a corporate setting.


Christopher

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

The corporation's profits are taxed as income at the corporate level for the first tax event. If the company pays dividends to its shareholders, the shareholders have to recognize the dividends as ordinary income on their personal income tax returns; this results in the second taxation of the same money.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Jun 24, 2018
Correct answers!


Christopher

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: Jun 24, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Conic Sections Conic Sections
An overall view of the four-cylinder engine that is due for a scheduled valve adjustment according ... An overall view of the four-cylinder engine that is due for a scheduled valve adjustment according ...
An overall view of the four-cylinder engine that is due for a scheduled valve adjustment according ... An overall view of the four-cylinder engine that is due for a scheduled valve adjustment according ...
The yellow, blue, and green sections of the Emergency Response Guidebook (ERG). The yellow section ... The yellow, blue, and green sections of the Emergency Response Guidebook (ERG). The yellow section ...
Cross sections of the thigh Cross sections of the thigh
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Video: Bipolar Disorder

For a complete list of videos, visit our video library