Economics book 7 unit 3

infidel

"But if any provide not for his own, and specially for those of his own house, he hath denied the faith, and is worse than an ( )."

reorganization

A chapter 13 bankruptcy filing is called a ( )

reorganization

A chapter 13 proceeding that requires the debtor to make planned payments to creditors for up to five years

Sherman antitrust act of 1890

Anti monopoly act; awarded victims of a monopoly three times the amount his business lost

liquidation

Debtor surrenders nonexempt property to creditors, but pays debts that haven't been forgiven

IOU's

Deregulated Investor Owned Utilities are known as ( )

technological advance

Growth through successful scientific research and strength

Matthew

Jesus taught financial responsibility to the government. The passage is found in ( ) 17:27.

bankruptcy court

Legal proceedings that deal with the concerns of those who declared insolvency are held in a ( )

bankruptcy court

Legal proceedings that deal with the concerns of those who have declared insolvency

restructing

Realigning or adjusting to meet new qualifications or needs

1978

The Airline Deregulated Act was put into effect in ( )

4

The California customer. instead of being held to paying the one price that a utility would force them to pay, now has their choice between Pacific Gas and Electric, San Diego Gas and Electric, Southern California Edison, and ( ) other utilities throughout the state.

bankruptcy

The act of being declared legally insolvent

Deregulation

The dropping or relaxing of restrictions and limits

13

The exhortation by Paul in Romans ( ):8 is to "owe no man anything," meaning simply that continual debt is not pleasing to the Lord.

purchasing, technological advances

The purpose of deregulated is to open the doors of competition to more business in order to offer consumers greater choice in ( ) services or products, to lower rates, and to encourage ( ) through competition.

Title II

The section of the U.S. code that deals with the rules and procedures of bankruptcy

proponents

Those that are in support of something are called its ( )

personal liability

a debtor must fulfill the monetary obligations from his personal fiances

mega merger

a huge union of large corporations or utilities

unsecured debt

a promise or obligation to pay to another a certain amount of money which has no collateral

hub

central points of business

price setting standard

guidelines for controlling costs and expenditures by the consumer

debtor

one who owes money, goods, or services to another

secured debt

promise to pay to another a certain amount of money which has collateral that the creditor may seize

lien

the right to take, sell, or hold property as security or payment of a debt

proponents

those that are in support of something

service

work done for others