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| Business has only two functions - marketing and innovation - Peter F. Drucker |
| Bankruptcy Vocabulary |
| Legal Enviroment of Buisness - Daily Assignments |
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Bankruptcy
· debt
· creditor
· debtor
· bankruptcy
· Chapter 7
· Chapter 11
· Chapter 12
· family farmer
· Chapter 13
· voluntary bankruptcy
· involuntary bankruptcy
· non-dischargeable debts
· trustee
· debt management plan
· discharge – when a debt is erased by bankruptcy
· exemptions – assets that can be kept by the debtor
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