Instructions for Business Cycle Extra Credit Paper Watch the Economic Cycle from YouTube Study…October 12, 2020
Referring to Statistics Canada’s web site: http://www.statcan.ca/start-debut-eng.October 12, 2020
Therwer is owed £7,400 by Trader X, who is declared bankrupt. She finds she is an unsecured creditor and eventually receives only £1,184 in payment.
(a) The rate in the £ which is pay able to unsecured creditors
(b) the amount received by an unsecured creditor who is owed £5,750
(c) the amount owed to an unsecured credit or who is paid£2,880
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