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Peregrine Exam Day 11 questions with verified answers $15.89   Add to cart

Exam (elaborations)

Peregrine Exam Day 11 questions with verified answers

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Peregrine Exam Day 11

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  • August 10, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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DESTINYGRACE
Peregrine Exam Day 11




interstate commerce - answerstrade between two or more states

subpoena - answersa court order requiring appearance and/or testimony

Administrative Agency - answersa federal, state, or local government agency
established to perform a specific function

judical review - answersthe power of the Supreme Court to declare laws and actions of
local, state, or national governments unconstitutional

Consumer Protection Laws - answersvariety of laws and goverment agencies protect
the public against harmful products.

Chapter 7 Bankruptcy - answersa filing has been done, and a cease letter is sent to
each employee about three weeks before the close of the company. Next somebody
can buy your company and then no Bankruptcy will happen. If no buyer happens, the
bank or some other entity, will take a look at all the assets and then try and sell the
assets. Typically, only 1/3rd of employees are kept to finish the loose ends of the
company.

Chapter 11 Bankruptcy - answersprotects an insolvent firm from creditors during a
period of reorganization to restore profitability

Chapter 13 Bankruptcy - answersa reorganization form of bankruptcy for individuals that
allows the debtors to keep their property and use their income to pay a portion of their
debts over three to five years

Equal Credit Opportunity Act - answersGives all applicants the same rights. Credit
providers may not discriminate based on: Age, Social Security, Housing loans.

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