A business failure occurs when a business closes for any of the following reasons except
A) Bankruptcy
B) A reorganization
C) A receivership
D) A merger

Name: A business failure occurs when a business closes for any of the following reasons except A) Bankruptcy B) A reorganization C) A receivership D) A merger
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Question

Quizplus · Accepted Answer

A merger is not considered a business failure because it involves combining with another company, often to strengthen the business, rather than closing due to financial distress.

A Business Failure Occurs When a Business Closes for Any