A medical supply company made transfers of property to a state hospital after the company was insolvent. Subsequently, the company filed for bankruptcy in federal bankruptcy court. The bankruptcy trustee, acting pursuant to the federal Bankruptcy Act, sought to recover those transfers. The state hospital, refusing to comply with the trustee's request, asserted that, as a state entity, it was immune from suit by a private individual, despite a provision in the Bankruptcy Act that abrogated state immunity with respect to such transfers. Can the trustee force the state to turn over the transferred property

Answers

Answer 1

Answer: Yes, because Congress was acting pursuant to the Bankruptcy Clause of Article I, Section 8, Clause 4, in subjecting the state to the Bankruptcy Act.

Explanation:

Bankruptcy Clause of Article I, Section 8, Clause 4 also know as uniform rule of naturalization states to establish a uniform rule of naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States; ArtI.S8.C4.1 Naturalization Power.

The trustee can force the state to turn over the transferred property because they act on force the state to turn over the transferred property


Related Questions

explain the importance of office to an organisation​

Answers

Answer:

Answer to the following question is as follows;

Explanation:

The office aids in the management of the operations of various employees and departments inside an organisation or corporation. Controlling guarantees that the different company operations are carried out with great precision. Remembering Facility: The office safeguards vital statistical information.

So, we say that offices are necessary for organisation​s.

Does signing a contract while drinking alcohol and partying automatically make the contract void? Why or Why not? Explain, using information from your text.

Answers

Courts are usually not very sympathetic to people who claim they were intoxicated when they signed a contract. Generally a court will only allow the contract to be voided if the other party to the contract knew about the intoxication and took advantage of the person, or if the person was somehow involuntarily drugged.

A system using an automated work cell controlled by electronic signals from a common centralized computer facility is called: an adaptive control system. robotics. a flexible manufacturing system. an automatic guided vehicle (AGV) system. a manufacturing cell.

Answers

Answer:

flexible manufacturing system.

Explanation:

flexible manufacturing system can be regarded as production method that is set up with features that enables it have the capability of adapting to any

alteration in the type as well in quantity of the product that is been produced. With good configuration, Machines and computerized systems can be used in production of variety of parts, it can be used to take care and adapt to changing levels of production.

It should be noted that flexible manufacturing system uses an automated work cell controlled by electronic signals from a common centralized computer facility is called: an adaptive control system. robotic

Alpha Company manufactures Product P and sells it in packs of 10 units. The actual results for the first week in January are as follows: Actual production 25,000 packs of Product P Actual cost of raw material Q 95,500 units at $0.85 Actual cost of labor 500 hours at $6.25 Standard quantity of raw material 96,000 units for 25,000 units of Product P Standard price of raw material Q $0.77 Calculate the total material variance for Product P for the first week in January

Answers

Answer:[tex]67500[/tex]

The right solution is "13,675 U".

Explanation:

According to the question,

The standard material cost will be:

= [tex]25000\times (\frac{90000}{30000} )\times 0.90[/tex]

= [tex]25000\times 30000\times 0.90[/tex]

= [tex]67,500[/tex]

The actual material cost will be:

= [tex]95500\times 0.85[/tex]

= [tex]81,175[/tex]

hence,

The total material price variance will be:

= [tex]Actual \ cost - Standard \ cost[/tex]

= [tex]81175-67500[/tex]

= $[tex]13,675[/tex] (Unfavorable)

59
C
Which results are more likely for someone without personal finance skills? Select three options.
larger long-term credit or loan costs
less preparation for emergencies
fewer utility expenses
simple long-term investment strategies
increased long-term challenges

Answers

Answer:

A). larger long-term credit or loan costs

B). less preparation for emergencies

E). increased long-term challenges

Explanation:

The outcomes that are likely to occur for someone who doesn't possess the skills associated with personal finance would be 'increased costs of the loan and long-term credits' which may lead to losses, 'little or no preparation for dealing with the emergency situations' that occur in a business, and 'enhanced challenges in long-term' as there is no preparation or knowledge present to overcome the situation. While a person having such skills would be more confident and prepared about the future as he has plans and preparedness in his mind and therefore, he takes decisions thoughtfully and is less probable to undergo any challenges.

A business must decide whether to open a new office in China. If it opens the branch, it will increase its chances of selling a high volume of its products in China. On the other hand, the business will have to spend a lot of money to make the branch operational. What would be an opportunity cost for the business if it chooses to open the new branch in China? O A. The business would gain access to a large number of new customers. B. The business would have to spend more money on each item it produces C. The business would have less money to open branches in other countries. D. The business would be forced to relocate all its workers to China.​

Answers

Answer:

C. The business would have less money to open branches in other countries.

Explanation:

In Economics, Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

Furthermore, the value of the opportunities lost by an individual or a business is the opportunity cost of a choice.

Hence, the opportunity cost of a choice is the benefits that could be derived from another choice (alternatives) by using the same amount of resources.

In this scenario, an opportunity cost for the business if it chooses to open the new branch in China is that it would have less money to open branches in other countries because it has to spend a lot of money to make the branch operational.

Jasper is interested in making a lot of money. He is a very good salesperson. People tell him he could sell sand in the Sahara Desert! He is also a very hard worker and is willing to work a lot of hours to make the kind of money he wants. Jasper should most likely look for the kind of job that is paid
A. in a situation with team-based compensation.
B. on salary with overtime.
C. with a high hourly rate.
D. by commission.

Answers

Answer:

b its b  because it says he works hard and he is willing to get a good salary

If the corporate human resource function in an organization is primarily concerned with selecting and training managers for foreign assignments, developing appropriate compensation packages for those managers, and handling adjustment issues when the manager is reassigned back home, it is evident that the organization has adopted the _____. a. ethnocentric staffing model b. polycentric staffing model c. regiocentric staffing model d. geocentric staffing model

Answers

Answer:

a. ethnocentric staffing model

Explanation:

In the case of the international staffing, the ethnocentric staffing means the strategy for the multinational company for hiring the management with respect to the important position from the parent headquarters instead of hiring the local staff

So as per the given situation, the option a is correct

And, the same should be relevant

which of the following is the best example of social regulations?
a. inflation rate regulations
b. anti-trust legislation
c. health and safety standards
d. regulations against price gouging

Answers

Answer:

Explanation:

The answer is C

Answer:

Health and safety standards

Explanation:

I just got it correct on the test!!!

outline two benefits to Mohammed's business of all his workers being able to do all of the jobs in the bakery. pls help!

Answers

Answer:

1. Saved time

2. Saved cost

Explanation:

If Mohammed owns a bakery where all his workers are able to do all the jobs, he benefits because he would;

1. Save time: Time that would have been spent in outsourcing the job to people who can do them with the accompanying risks of delays and disappointments are bypassed. Time is an essential factor in business because when goods are not available on customer's demand, they might have to seek other options.

2. Save cost: Mohammed will save the additional cost of payments to businesses that do other jobs for him. He saves money when he only has to pay three workers instead of four or more workers. This will mean more profit for his business.

A country's current national savings and investment identity is expressed in algebraic terms as X-M = S + (G-T) - 1. In this instance:
A. there is an inflow of capital investment from the rest of the world economy.
B. there is no connection from domestic savings and investment to the trade balance.
C. the trade balance is determined by performance of certain sectors of the economy.
D. private and public domestic savings are higher than domestic investment.

Answers

Answer:

The answer is "Option A".

Explanation:

The present national reinvestment identity of a nation is expressed as  [tex]X-M = S + (G-T) - 1.[/tex] In mathematical terms Inside this example, all remainder of the said world economy would be inflowing capital expenditures.

Capital investment from all around the world is coming in.

CurrentAccount and Investment Saving

[tex]C=consumption\\\\ I= investment\\\\ G=government\ spending\\\\ (X-M) = foreign \ net \ demand[/tex]

So, the [tex]CA = GNP (C+I+G)[/tex]

Domestic savings are greater than the corresponding investment, both private and public.

The rate of pay rises when capital investment exceeds anticipated saving in a given year. With a larger salary, more money can be saved, and so therefore planned saving equals intended investments. And from the other hand, when projected saving exceeds planned investments over a time, income levels decline.

So, Option "D" is the correct answer to the following question.

Learn more:

https://brainly.com/question/15567481?referrer=searchResults

In your own words define the term accounting and its usage.

Answers

Answer:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position and cash flows.

Servant leadership emphasizes the notion that Question 8 options: employees are paid to serve their leaders. leaders serve followers, rather than vice versa. leaders should be able to serve the organization by maximizing employee performance. employees are servants in the organization, so they should place organizational objectives above their personal needs.

Answers

Answer:

leaders serve followers, rather than vice versa.

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.

In Business management, servant leadership emphasizes the notion that leaders serve followers, rather than vice versa.

1. If average fixed cost is 40 and average variable cost is 80 for a given output, we then know that average total cost is

Answers

Answer:

120

Explanation:

Average total cost = average fixed cost + average variable cost

average fixed cost = Total fixed cost / quantity

40 + 80 = 120

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

average variable cost = total variable cost / quantity

Variable costs are costs that vary with production. Hourly wage costs and payments for production inputs are examples of variable costs

Bardwell Manufacturing, Inc. began 15 years ago. The two co-owners now earn $300,000 per year each. Four supervisors earn $40,000 each annually and have been with the company for 10 to 11 years. Fifteen line employees earn a total of $300,000 and have been with the company from 2 months to 5 years. All employees are over age 21. The co-owners want to install a 15% money purchase plan and structure the plan in a way that maximizes their plan contributions. Which vesting schedule would be most appropriate for Bardwell

Answers

Answer:

3 year cliff

Explanation:

The most appropriate vesting schedule for Bardwell Manufacturing Inc is the 3 year cliff

Products produced in a competitive market are
differentiated

unique

standardized and differentiated

standardized

Answers

Answer:

Standardized

Explanation:

Firms that are purely competitive provide a standardised (same or homogenous) product. Consumers will be unconcerned about whose vendor they acquire the goods from as long as the pricing is the same.

Monopolistically competitive companies make a typical profit in the long run since entrance into the market is easy. The sort of goods supplied distinguishes oligopoly from perfect competition.

12. One of the seven factors given to help minimize the chances of setting unfair wages and salaries is that a. If wages conform with the law, they are fair wages. b. A fair wage is whatever an employee is willing to accept. c. An employer's financial capabilities affect what constitutes a fair wage scale for that employer's employees. d. Avoiding the prevailing wage in the industry and community wage level.

Answers

Answer:

C. An employers financial capabilites affect what constitutes a fair wage scale for that employers employees

Explanation:

In preparing its bank reconciliation for the month of April 2018, Crane, Inc. has available the following information. Balance per bank statement, 4/30/18 $78200 NSF check returned with 4/30/18 bank statement 950 Deposits in transit, 4/30/18 9600 Outstanding checks, 4/30/18 10300 Bank service charges for April 50 What should be the adjusted cash balance at April 30, 2018

Answers

Answer:

the adjusted cash balance is $77,500

Explanation:

The computation of the adjusted cash balance is shown below:

Adjusted cash balance = balance pler bank statement + deposit in transit - outstanding checks

= $78,200 + 9,600 - 10,300

= $77,500

Hence, the adjusted cash balance is $77,500

The same should be considered and relevant

Erin is a volunteer for the Red Cross and must go door-to-door seeking donations. Her strategy is to ask whoever answers the door for a donation of $50 right off the bat. If they agree, then she follows up with a second request for a $200 donation. She has found that this works better than simply asking for a $200 right away. Which formula sales presentation format does this demonstrate

Answers

Answer:

foot-in-the-door

Explanation:

Foot-in-the-door can be described as a method that people use to get another person to agree to their big request by first having them agree to a smaller one. The way this tactic works is the person making the request would first try to have a connection with the one that is to grant the request.

We can see Erin employ this tactic here. First she wants to ask for a smaller donation of 50 dollars, and when she gets her 50 dollar request, her next move would be to ask for a bigger donation. This technique is is used a lot to get people to be compliant with requests.

tahnk you !

On September 12, Vander Company sold merchandise in the amount of $6,000 to Jepson Company, with credit terms of 4/10, n/30. The cost of the items sold is $4,200. Vander uses the periodic inventory system and the gross method of accounting for sales. The journal entry or entries that Vander will make on September 12 is (are):

Answers

Answer and Explanation:

The journal entry is shown below:

Accounts receivables Dr $6,000

      To Sales  $6,000

(To record sales on account)

Here account receivable is debited as it increased the assets and credited the sales as it also increased the sales revenue

Therefore the above journal entry should be recorded

General Snacks is a typical firm in a market characterized by the model of monopolistic competition. Initially, the market is initially in long-run equilibrium, and then there is an increase in demand for snacks. We expect that: Group of answer choices in the long run, new firms will enter the market. there will be a short-run increase in the number of firms, but in the long run the number of firms will return to the original level. firms will leave the market in the long run. firms will shut down, but they will not leave the industry in the long run.

Answers

Answer:

Firms will leave the market in the long run.

Explanation:

Firms will leave the market in the long run.

Generally, the new firms enters in the market because the incumbent firms makes super normal profit. So in the long run, the continuous entry of firms will make the profit zero. Thus, when there is zero profit in the long run then the firms will start leaving the market and the demand for remaining firms will start rising because when firms start leaving the market then supply falls.

Cardinal Company manufactures vitamin capsules. For the month of June, Cardinal's encapsulating department had 18,000 tons in beginning inventory (with transferred-in costs of $4,400) and 81,000 tons completed inventory during the month. Further, the mixing department completed and transferred out 72,000 tons at a cost of $22,300 in June. Calculate unit cost for the transferred-in category. (Note: Round answer to two decimal places.)

Answers

Answer: $0.30 per unit

Explanation:

The unit cost for the transferred-in category is calculated as:

= (Transfer cost of beginning inventory + transfer cost of transferred out inventory) / (Beginning inventory + Inventory transferred out)

= (4,400 + 22,300) / (18,000 + 72,000)

= 26,700 / 90,000

= 0.2967

= $0.30 per unit

Suppose Stan owns a piece of property with a large lake. Initially, Stan and his family were the only people who swam in the lake. Then Stan started selling tickets to people who wanted to go swimming in the lake. When Stan died, he left the lake and the land it was on to the state, stipulating that the lake be left open to the public for swimming. Due to the lake’s remote location, it was never crowded. After Stan died, the lake became a ______ good.

Answers

Answer:

public

Explanation:

A public good is a good that is non excludable and non rivalrous.

An individual's access to the pool does not limit another person's access

Also, the pool is free, so it is non excludable

Before his death, the pool was a private good

A private good is a good that is excludable and rivalrous.

A company factored $45,000 of its accounts receivable and was charged a 3% factoring fee. The journal entry to record this transaction would include a: A. Debit to Cash of $45,000, a debit to Factoring Fee Expense of $1,350, and credit to Accounts Receivable of $43,650. B. Debit to Cash of $45,000 and a credit to Accounts Receivable of $45,000. C. Debit to Cash of $43,650, a debit to Factoring Fee Expense of $1,350, and a credit to Accounts Receivable of $45,000. D. Debit to Cash of $46,350 and a credit to Accounts Receivable of $46,350. E. Debit to Cash of $45,000 and a credit to Notes Payable of $45,000.

Answers

Answer:

C. Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000

Explanation:

Assuming the company factored the amount of $45,000 of its ACCOUNTS RECEIVABLE and was charged a 3% FACTORING FEE. The appropriate journal entry to record this transaction would include a:Debit to Cash of $43,650, a Debit to Factoring Fee Expense of $1,350, and Credit to Account Receivable of $45,000

Debit Cash $43,650

(97*$45,000)

Debit Factoring Fee Expense of $1,350

($3%*45,000)

Credit Account Receivable $45,000

It's very urgent
which of the following statements about corporation is true

1) they are more common then partnerships in the U.S.
2) they are the most inexpensive form of business to start.
3) they are very easy to start
4) all business debts are the personal responsibility of the owners

Answers

Answer: While not usual they can be held responsible for all business debts.

Explanation: If you pledge a asset as a collateral a creditor may be able to take said asset and sell it.

If the financial statements include an income statement and a balance sheet but exclude the statement of cash flows, the auditors Group of answer choices should issue a qualified opinion because the missing statement of cash flows constitutes a scope limitation. can issue an unqualified report. should issue a qualified opinion due to the departure from GAAP. should include the statement of cash flows, modify the report, and issue an unqualified opinion.

Answers

Answer:

The auditor should issue a qualified report for the departure from generally accepted accounting principles.

Explanation:

A qualified opinion can be understood as the statement given by an auditor in conjunction with a corporation's audited financial statements in an auditor's report. It was an auditor's judgement that implies a firm's earnings reporting was restricted in scope or that there was a substantial fault with the implementation of generally accepted accounting standards (GAAP)—but hardly one that was widespread.

When Jorge became one of three final candidates for a managerial position with a large pharmaceutical company, the hiring manager scheduled a special meeting with him. The two talked about the stressful deadlines and heavy travel required of the position, as well as the compensation and benefits. Jorge appreciated that the hiring manager took the time to provide a(n) _________.

Answers

Answer:

Realistic job preview

Explanation:

Realistic Recruitment

This is made presents to outsiders with all good information without error or ommission.

Realistic Job Preview (RJP)

This is regarded as any attempt by the organization to give an accurate (both positive and negative) description of the relevant aspects of the job and organization. It is important because it gives an applicant realistic expectations about the job. This in turn should increase employee job satisfaction and reduce turnover.

Pelican Bay Apartments is a complex consisting of 80 units. The units are available in studio and one-, two-, and three-bedroom apartments. Kimberly Bracco is the property manager of Pelican Bay. She has decided to stay in her condo and not reside at Pelican Bay. She is also pursuing her California real estate license as she manages the property. Is anything wrong with this scenario

Answers

Answer:

Yes

Explanation:

According to California law an onsite manager is required for an apartment complex that has more than 16 rental units.

In the given scenario Pelican Bay Apartments is a complex consisting of 80 units. The units are available in studio and one-, two-, and three-bedroom apartments.

Kimberly Bracco is the property manager and has decided to stay in her condo and not reside at Pelican Bay which is off site.

However if she is to be off site then she will need a broker's licence.

China allows U.S. companies to ally with Chinese firms by purchasing minority ownership positions in the Chinese firms. These relationships are called
A) joint ventures.
B) network strategies.
C) equity strategic alliances.
D) nonequity strategic alliances.

Answers

Answer:

C) equity strategic alliances.

Explanation:

100% correct

a. A challenging job at an organization that raises the bar in data security b. An entry-level position in the marketing area with a possibility of promotion c. Serving as a team player in a company where independent thinking is a top priority d. An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits, and governmental tax and records reporting

Answers

Answer:

d. An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits,

Explanation:

THE QUESTION IS THAT

Which of the following is the best career objective for a résumé?

Career objective can be regarded as a personal statement that gives definition of the specifics that one wish to attain in his/her profession.

A resume objective can be regarded as optional part that is been written in a resume which states or specify the career goals as well as outlines ones best skills. It should be noted that one of the best career objective for a résumé is An accounting position in which 10 years' experience and a license as a CPA will allow me to assist your company with payroll, employee benefits,

Other Questions
Name different types of triangles and illustrate how you can introduce each triangle to the foundation phase learner during a lesson presentation. Mention the resources that you will use Jack rides his bike 4 miles in 1/3 of an hour. What is jack unit rate in miles per hour? Millions of West Africans who migrated to Nigeria during the 1970s, when the country's economy expanded, were expelled during the 1980s, when the country's economy declined. This is an example of Group of answer choices emigration changing to immigration. an economic migration factor changing to an environmental migration factor. forced migration changing to voluntary migration. a push factor changing to a pull factor. a pull factor changing to a push factor. Some scientists contend that many species of dinosaur had a metabolism more like a warm-blooded mammal's than a cold-blooded reptile's. that many species of dinosaur had a metabolism more like that the metabolism of many dinosaur species were more like that the metabolisms of many species of dinosaurs were more like those of there were many species of dinosaurs that had metabolisms more like those of there were many dinosaur species that had a metabolism more like that of Write the greatest 4 digit number and express in prime numbers. Find the range of f(x) = 5x - 4 for the domain = {2, 4, 6}] An astronaut on the moon throws a baseball upward. the astronaut is 6 ft, 6 in. tall, and the initial velocity of the ball is 50 ft per sec. the height s of the ball in feet is given by the equation s=-2.7t^2+50t+6.5 , where t is the number of seconds after the ball was thrown. complete parts a and b. what is the value of g(2)? what is the capital of azzerbaijan? SOMEONEEEEE PLEASEEEEEE HELPPPPP MEEEEEEEEE ASAPPPP!! Calculate the molar mass AND identify the gas if 3.25 kg of this gas is stored in a 15.00 L tank and exerts a pressure of 120.0 atm at a constant temperature of 66.0C. A number is equal to three times a smaller number also the sum of the smaller number and four is the larger number the situation is right on the corner playing below where X represents the smaller number and why represents the larger number What does Cassius foreshadow to be the outcome of the war?A victory for his armyB. the falling of two eaglesC. defeat for his armyD. the return of Caesar's ghost Simplify the radical expression. (PLEASE HELP THIS BE THE LAST QUESTION ON MY TEST)Reread the excerpt below, taken from the transcript of the news story Rider-Sharing: Byrd Flies Too Close to the Sun.The picture [of Byrd] measuring at least 30 square inches should be set in a gold frame and placed on a marble podium at a height of no less than 3 feet. Twenty doves in five brass cages should adorn the centerpiece, which should be loaded with long-stem roses that have been spray-painted gold, the rider details. It then went on to demand the specific floor placement of a minimum of twelve organic vanilla-scented candles.Which change to this passage would MOST make it seem like a parody?changinga. 30 square inches to 100 square inches b. changing marble podium to chocolate fountain c. changing spray-painted gold to dipped in melted gold d. changing doves to fairies Brad is 12 years older than Sam. If Brad were 8 years older than he is now, he wouldbe twice as old as Sam. How old is Sam now?. similar right triangles, i need help with this please Tanya has a garden with a trench around it. The garden is a rectangle with a length of 2 1/2 m and width 2 m The trench and garden together make a rectangle with length 3 1/2 and width 3mFind the area of just the trench. In this figure BAE = DEA. Which statement is true by CPCTC?BEA=BECGAE=GFADGE=FGAFGB=FGE How many grams of hydrogen is produced from 12.5 G of MG reacting with hydrochloric acid in this balanced equation?Mg+ 2HCL >MgCl2+H2