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Which of the following describes this type of bankruptcy proceeding?

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 Ali
(@ferdigali)
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A business files for bankruptcy with the goal of obtaining relief from creditors so that it can rearrange its financial affairs and continue as a going concern .

Which of the following describes this type of bankruptcy proceeding?

  • A . Reorganization bankruptcy
    B. Debt adjustment bankruptcy
    C. Debt dismissal bankruptcy
    D. Liquidation bankruptcy

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Suggested Answer: A
 
Posted : 30/12/2022 12:22 pm

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