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Author Question: As with the other chapters of the Bankruptcy Code, the bankruptcy court has the power to dismiss a ... (Read 87 times)

hbsimmons88

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on: Aug 2, 2018
As with the other chapters of the Bankruptcy Code, the bankruptcy court has the power to dismiss a Chapter 9 filing that was not filed in ________.
 
  Fill in the blank(s) with correct word

Question 2

What initial determinations do developers have to make before acquiring properties?
 
  What will be an ideal response?


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otokexnaru

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Reply #1 on: Aug 2, 2018
Answer to Question 1

good faith

Answer to Question 2

Developers must determine that the final project will be economically viable; the resulting property can be sold, rented, or leased. The project must return enough revenue to pay off all of the financing and result in a profit. Finally, the most important consideration is location.


hbsimmons88

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

mochi09

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Reply 3 on: Yesterday
Gracias!

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